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correlation between huge NFT sales and market dumps?

Etherum Reddit

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I’m a noob retail crypto investor, most of my portfolio is an Ethereum Hodl bag with no plans of selling. if this is a lame question forgive me lol. whenever i hear about a bored ape or crypto punk selling for particularly large sum of money (such as today) I feel like the crypto market in tanks shortly after. It’s been a passive observation of mine, not sure if there’s anything to it or if I’m just imagining things.. is there a correlation between the two?

submitted by /u/Flat_Respond_5289
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