10,000 BTC WAS JUST MOVED FROM GOX WALLET

[DarkBullet]

Hi guys! I recently read an article that 10,000 pieces of BTC was just moved to this wallet (1N52wHoVR79PMDishab2XmRHsbekCdGquK) and I believe that the "Gox wallet" that was on that article is from Mt Gox. Do you believe that these guys are one of the big whales who manipulates the market and the reason why there was a recent pump on BTC and all of the altcoins? You may refer to this link below for further information. Those BTC are   It seems that they are now on the move to sell those $10,000 BTC in the market. Get ready for another BEAR WEEK.

https://blockchain.info/en/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

https://blockchain.info/address/1N52wHoVR79PMDishab2XmRHsbekCdGquK

[erichall]

Hi guys! I recently read an article that 10,000 pieces of BTC was just moved to this wallet (1N52wHoVR79PMDishab2XmRHsbekCdGquK) and I believe that the "Gox wallet" that was on that article is from Mt Gox. Do you believe that these guys are one of the big whales who manipulates the market and the reason why there was a recent pump on BTC and all of the altcoins? You may refer to this link below for further information. Those BTC are   It seems that they are now on the move to sell those $10,000 BTC in the market. Get ready for another BEAR WEEK.

https://blockchain.info/en/address/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

https://blockchain.info/address/1N52wHoVR79PMDishab2XmRHsbekCdGquK

Oi, here we go again.

I don't understand why they are selling bitcoin at its low. Kind of defeats the purpose of "buy low sell high". But I guess those people bought in when bitcoin was only a few dollars so it's still profit...

[alani123]

Movement from that wallet doesn't mean much. It could be them just trying to place funds in different places for safety purposes, perhaps upgrading wallet tech. Whatever it is, I think it is worth to wait other than speculate. Is there any evidence that it was intentrd for sale? I think not.

[flashmark]

It seems now whales, buying and selling bitcoin in support and resistance zones. After playing several days or weeks they dump the market. Several weeks back, BTC was ranging 11k-12k zone and a lot of people were expecting upside movement breaking the resistance. But it broke to support level. Then the price was range 9k-10k and then it broke another support and dip to the 6400 level. Now price is ranging 6400 - 7600 zone and whales might sell BTC around 7600. So there is a possibility to break 6400 support and price down to the 6k level. As small investors, we don't have any option other than holding our coins.