CRYPTO NEWS

Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18

Is it possible to find an approximate number of BTC that would need to be sold to cause a 1% decrease in price? [closed]

I am genuinely interested in knowing if it is possible to predict a price if a large amount of a cryptocurrency was dumped on the market all at once. It just has to be a theoretical amount, assuming all current spot orders were filled for that specific amount. Here is an example question I would::Listen

I am genuinely interested in knowing if it is possible to predict a price if a large amount of a cryptocurrency was dumped on the market all at once. It just has to be a theoretical amount, assuming all current spot orders were filled for that specific amount.

Here is an example question I would like to answer:

How many BTC would be required to be sold in order to cause a 1% decrease in the current price of BTC?

Thank you in advance.

Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18

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