Bitlayer (BTR) has experienced a dramatic price drop, falling approximately 80% from $0.20 to $0.04 since yesterday afternoon. Monitoring by @EmberCN suggests that Bithumb, South Korea's second-largest exchange, may be a significant source of selling pressure. Over the past day, around 140 million BTR tokens, representing about 41% of the circulating supply, have flowed into Bithumb.