Mt. Gox and whale sales today…
Checked my BTC news feed and both 4hrs ago:
“Bitcoin Price Jumps as $2 Billion in Mt. Gox Repayment Funds Moved”
At the same time:
“Will Bitcoin Crash? Whales Dump $600 Million of BTC”
So, of the $2B repayments, maybe some whales were like “F this I’m out” after having funds locked / not sure you would ever see that $ again— could be part of the $600M outflow.
Thoughts?
Price has been looking solid hanging between $60-61Kish all day.
Take care, wish everyone reading these words the absolute best.
[link] [comments]