Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
codesuela
on 28/07/2013, 17:01:11 UTC
honestly that massive buy looks like someone wanted to cut his losses and get the hell out of mtgox
personally I expect a further gap as those coins get unloaded on other exchanges.
Think about it, buy a big wall and risk no slippage, send a positive psychological signal to the other exchanges and drip feed your coins back onto the market as the price rises.