What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.
Are they planning to take profit or cut their losses?
Probably they are doing this with a plan and they know that there’s a significant effect for this so probably they will not sell it in just a short time. They are one of the top supporter of Bitcoin though we can’t really stop them from doing anything with their holdings so let’s just wait and see. Whales can really manipulate the market, this is the bad side of having more whales, though of course we can also take advantage of this let’s just know how to ride with the whales.