Just read Fake FUD Blamed For Market Slump, One Bitcoin Whale Proves Otherwise

Fake FUD Blamed For Market Slump, One Bitcoin Whale Proves Otherwise

Last week, after a slow grind up to its most recent peak of roughly $7,400, Bitcoin’s price plummeted over 20% in less than 48 hours. Speculation ran wild, and internet sleuths discovered a wallet transaction trail leading back to a mysterious bitcoin whale that dumped a large sum of bitcoins on the market. Reddit Goes Bitcoin Whale WatchingAfter much debate on Reddit and other social media platforms, users turned detectives discovered a cryptocurrency wallet dating back as far as 2011 was on the move. Gox trustee Nobuaki Kobayashi has reportedly been responsible for previous Bitcoin price declines at key peaks throughout the 2018 crypto bear market. Charts further disprove the theory, showing that the Goldman Sachs false sell-off had occurred mid-way through this Bitcoin whale’s coin dump.

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Saturday, September 15, 2018