Although top-tier prominent families would occasionally sell Xuan Iron ingots in large quantities to raise funds, thereby causing a drop in their prices, it was extremely rare for so many top-tier families to dump their holdings simultaneously.
Not to mention, among these three major families, there were the Wu Family of the Cold Moon and the Wang Family of the Cold Moon, both of which had close ties to East Qian Country.
In almost a flash, everyone understood.
Clearly, these families had received insider information. They knew that the decline in Xuan Iron ingot prices was inevitable, so they sought to unload their stockpile before the news fully spread to minimize their losses.
"...Fuck!"
After realizing this, everyone's expressions changed simultaneously.
If they continued to delay and hesitate, by the time the news solidified, even if they wanted to sell their Xuan Iron ingots, nobody would likely buy them.