- BitPay, the world’s largest payment processor for virtual currencies, announces that it has processed its largest bitcoin merchant transaction ever, a single order for $1,000,000 for Kansas City-based bitcoin mining hardware manufacturer Butterfly Labs.

- BitPay processed, cleared, and settled the transaction within their normal one business day time frame directly to Butterfly Labs’ bank account.
http://finance.yahoo.com/news/bitpay-processes-1-million-bitcoin-133000619.html

Facts:
- BitPay received about 5,000 BTC from unknown and sent $1,000,000 Butterfly Labs.

- because of low liquidity and market depth, if somebody sells 5,000 BTC within one day that means the market price will drop.

Do you think this transaction was responsible for the price drop on Oct 24? Who would you think could have sent 5,000 BTC to Butterfly Labs apart from themselves?