I am doing research in these last couple of weeks about bitcoin related things. But one thing i can not find any information about online is how btc holders liquified their coins during the all time high, especially near the end of the event, around december 2019, when number of ask orders far greater then the bid orders.
Did they lower the offer at 1-2 or even 3% than the lowest ask order or they just swapt it for other coins. If the later, they surely must know that when bitcoin crashed, the other would follow too due to the correlation in the up trend price couple of months before that. The last strategy I think was swaping to a stable coin like USDT. So can any BTC veteran englighten me in which tatics most of them use during this time?
Please forgive my bad english
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