[2018-09-25] Cryptos Crash After "Mt.Gox" Tokyo Whale Renews Btc Liquidation

[veleten]

Bears are in charge following reports that the trustee liquidating the defunct exchange Mt. Gox has offloaded another 25.98 billion yen ($230 million) of Bitcoin and Bitcoin Cash.
While Bitcoin is the best-performer (down around 4%), the rest of the crypto space is collapsing faster.

read more:
https://www.zerohedge.com/news/2018-09-25/cryptos-crash-after-mtgox-tokyo-whale-renews-bitcoin-liquidation

[gentlemand]

https://www.bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down

Why doesn't anyone read anything any more?

That amount has been sold since March 7th so that's over several months. It says the average achieved is $8100 so it has fuck all to do with present price levels.