One uninformed guess about MATIC:
a) Markets weren't super liquid to begin with--prob wouldn't take _that_ much selling to have significant impact
b) Very likely a few people sold a bunch
c) Could be seed investors or 'advisers' if not 'foundation'
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blog.matic.network/foundation-tok
Looks like if it was the foundation, it was selling off ~$10m pre-crash of MATIC. That might have been enough.
Alternately could have been investors/partners/etc.
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Just to play devil's advocate for a bit.
Why would anyone that's trying to sell 2k btc worth of $matic, do this through one huge limit order?
It's either insanely stupid or some form of manipulation.
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I don't mean the dumping in itself, just why put it all in one limit order and not spread it out through the day, it's just so insanely stupid.
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I would have expected a team like this, to have at least one person that understands the basics though, guess not.