Am I missing something? PayPal/eBay is only involving BitPay for select digital content, and it's been known for days if not weeks now. Doesn't add up, but what does anymore. Expect a slow slide to sub $400 again by the time they've blown their load, whoever the whale is.
Agreed. The whale(s) may have prompted it, but this simply looks like a mega short squeeze. Nothing more. Not real public panic buying like the last bubble, at least not yet.
Of course if it keeps going, I'm not going to complain. If we ever get back to $680, it'll start to get interesting to me again.
Until then /nap