Mt. Gox Trustee Sells Off Again- Possible Reason for Market Fall

in #cryptocurrency6 years ago

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The cryptocurrency market has been dwindling over the past 24-48 hours and I have been wondering what could be the cause of that. Almost everybody is getting furious because we thought we were in a pump. We all thought the bull has finally arrived and the run was about to happen. But then we noticed a massive price dump in over the past 24-48 hours. So i was taking a stroll around on the web and I bumped into this article by CCN, https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/amp/
It has been alleged that about 8000 BTC have been moved from the wallet and predictions are highly likely that it might be the reason for the fall in market price. So how long are they going to that? How long will they cause market fluctuations? Let's hope they stop that and allow us to enjoy our crypto
Comments are welcomed

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Thank you for worrying about informing us about this problem

Hi, I just followed you :-) Follow back and we can help each other succeed! @hatu

Followed u back after your upvote. Like ur page.....i had initially heard that mt gox trustees weren’t allowed to dump again until September

well then that will be good news until then

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