Normal exchange traders only concentrate on the prices of currencies. There focus is on the prices going up or down. They don’t have the in-depth information about what’s actually going behind the scenes. But big traders or analysts are in the search of the real
stories behind these prices. How the market is being moved forward. The same is the case with Bitcoin prices. How prices recover in the near past. Analysts say that it due to PlusToken Scam.

Crypto Twitter analyst Ergo said about the scam that “If my numbers are correct, the 200k BTC estimates reported earlier this year were correct, and market impacts will continue for some time.”

He also mentioned “My current totals are around 187,000 BTC. This analysis is not complete yet, but roughly confirms the previous 200,000 BTC estimates.”
In addition, he said “Assuming all of the mixed coins (129,000 BTC) accounted for so far have been sold over a period from early August through today will give an average of around 1,300 BTC sold per day,”

More he said, “Going forward we can use the daily sell estimates and the ~58,000 BTC unmixed total to estimate the duration of the remaining selling at between 1.5 and 2 months.”