Re: Knock Knock! thousands of Bitcoin on sale

Quote from: partyush on March 28, 2018, 07:32:36 PM

It has been reported that an unknown account that is holding a massive amount of BTC has transferred 7,000 of them to an exchange and is approaching people to make the sell-off.

Read here: https://coingape.com/mt-gox-suspected-for-another-btc-sell-off/

We do not know the delivery is addressed to the exchange address or not? So I think this is just FUD news. But, if it is true that the BTC amount goes to the exchange address then I think the bitcoin price drop will continue. 7000 BTC is not a small amount and when it goes into exchange it will have little effect on bitcoin price movement.