Shortly after approximately $9 billion worth of BTC was transferred from Mt. Gox wallets on May 28, the price of #Bitcoin began to fall. Coincidence?"
Discussion
Nope. Gox coins ($9B)and fed coins ($12B) are significant headwinds. https://platform.arkhamintelligence.com/explorer/entity/usg
Yes. People who bought Bitcoin at $ 100 are selling at $58,000 …. Wouldn’t you ?