The company JumpTrading was identified as a significant participant in the sales on the crypto market. Presumably, the sharp decline in digital assets was due to significant ether sales by Jump Trading and Paradigm VC. JumpTrading, through its crypto division Jump Crypto, is actively selling digital assets, moving hundreds of millions of dollars to crypto exchanges in preparation for large sales. It is also reported that the firm is under investigation by the U.S. Commodity Futures Trading Commission (CFTC).

As for Bitcoin, the price of the asset easily overcame the zone around the $58,000 level, which confirms the significant fundamental grounds against which the collapse of quotations is taking place. If the price stabilizes, the nearest area where support can be found, from a technical point of view, may be the range of $47000-40000.