Mt.Gox's Bankruptcy Trustee Sells $230 Million Worth of Bitcoin and Bitcoin Cash

Hours before the ten percent dump, a crypto “whale” transferred 25,160 BTC to Coinbase, amounting to $213.4 million. This spiked fear on crypto Twitter and was followed by bitcoin briskly breaking it’s $8,200 support and the $8,000 psychological zone. The trader promptly transferred the same 25,160 BTC out of Coinbase in two transactions. Emotional Manipulation

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Source and More information: A Coinbase Whale May Have Caused Bitcoin Selling “FOMO”

Author: BTCManager.com