The coin market just crashed as much as 40% in some popular coins and 25% drop in the main coins. This all started at almost exactly at midnight EST. So this leads me to speculate that someone was margin called today (or the day before) and had until midnight tonight to get the funds. Midnight comes and they must of not had the funds and got liquidated. If this is true I think moac might have just started and next week will be a blood bath.
Bitcoin Drops $9K in an Hour