Chatty reckons todays crash is Mt. Gox related:
Chatty:
How This Fits Into the “One Thing” Theory
So, the “one thing” earlier today appears to be Mt. Gox wallet movement + ETF outflows colliding with already fragile sentiment. The Gox move signaled “supply coming,” and institutional funds were already heading out — the perfect storm for cascading sells.
Gox movement re-ignited FUD halo in markets
Institutional flows withdrew support
That combination likely triggered stop runs, liquidations, and momentum breakdowns





