Many people are saying this altcoin crash was caused by market makers running into trouble, triggering a chain reaction. But it's better to dig a bit deeper when analyzing the issue. The deeper reason behind market makers running into trouble might be that, in the past year or two, retail investors have become relatively smarter compared to before. Not to mention the increased supply of coins, which means there's not enough 'meat' from retail investors to satisfy the winners. To become a big winner, they have to start eating each other—eating the market makers to get full. Is that the case?