Mt Gox Sold Massive Amounts of Bitcoin

alilunth (25)in #cryptocurrency • 6 years ago

Mt. Gox sold 5,841 BTC for $362 million between December 2017 and February 2018. This is a huge amount that very likely influenced the Bitcoin price drop during that period. Even more scary is that they have another 165,000 Bitcoin that it is unclear if they are intending to sell in the near future.

This is huge news that explains some of the crypto price drops we've seen the first part of the year.

Source:
https://www.trustnodes.com/2018/03/07/mt-gox-trustee-sold-half-billion-dollars-worth-bitcoin-bitcoin-cash

6 years ago in #cryptocurrency by alilunth (25)

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sungsang (47) 6 years ago

This is huge news that explains some of the crypto price drops we've seen the first part of the year.

I like this paragraff

steemitboard (66) 6 years ago

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steemitboard (66) 5 years ago

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