Bloodbath
By Cryptomcmillan1 | Updated on May 24, 2020
In context of trading, the term bloodbath is commonly used to describe a market which is on a downtrend with many assets suffering from value depreciation. It is likely created from the term "blood in the streets" used to depict a bearish market sentiment.
Related Terms
Non-Fungible Tokens (NFT)
They are collectible elements within the Ethereum blockchain under ERC-721, where each token refers to a single element with a certain value
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Mainnet
It is the main network of Bitcoin, where the transactions of this cryptocurrency are registered and take place.
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
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