After the takeovers between Elon Musk and Twitter, which escalated into animosity, both sides suffered heavy losses and experienced severe price drops. But it’s not just Tesla and Twitter that have fallen.

As you know, there has been a major decline in the cryptocurrency world for a long time. Elon Musk, the founder of Tesla and the richest person in the world, was a big proponent of cryptocurrencies (especially Dogecoin) despite these declines. In fact, Musk has been the target of criticism many times for playing with the crypto market with his trading transactions on the crypto market. As you may recall, one of these critiques came from the founders of Dogecoin. Tesla announced today that most of the company’s cryptocurrency has been sold.

Bitcoin’s percentage dropped after the announcement

Bitcoin plunged sharply after Tesla announced it had sold 75 percent of its bitcoin holdings. The company, which bought $1.5 billion in crypto assets last year and caused a major fluctuation in the markets at the time; This time, it managed to impress the markets by selling about $963 million worth of digital assets. When Tesla made the sale bitcoin has about 29k claimed. However, bitcoin is currently hovering around $23,000. After the news spread, there were immediate declines in bitcoin.

It is, of course, predictable that Elon Musk’s realization of such a large sale will cause a decline. As we mentioned before; Musk’s impact on the crypto world isn’t the first time. Moreover, there was even a lawsuit on this matter. Criticism will be inevitable due to the fact that it has such a big impact. For this reason, many users on social media manipulate the market He does not hesitate to openly express that he thinks something has been done.

Here are some of the reactions from social media:

If you sell 75% of your bitcoin, you only have 25% left.

Hey Elon Musk, Why Did Tesla Sell Bitcoin?

Bitcoin was never for you Elon Musk. You don’t deserve this.