What does the trading volume tell us about Matic's 66% price drop?

InstitutionalDecember 11, 2019, 6:44PM EST
UPDATED: March 16, 2022, 3:11PM EDT
What does the trading volume tell us about Matic's 66% price drop?
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It was a volatility event that was unusual even for the crypto world.

The price of Matic, the native token of blockchain scalability project Matic Network, collapsed 66% Monday evening in under an hour — falling from $0.034 to a low of $0.011 between 7:51 and 8:26 p.m. EST. 

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