Big news. Definitely explains the drop.
No, it doesn't
Your right. It totally doesnt explain the lack of buyers AT ALL. Because all of these guys with the money to move the market had no idea this was coming.
Big news. Definitely explains the drop.
This isn't bearish news lol. The coins will be sold at a premium.
This is just an excuse the market was waiting for.
Do we get to know the results of the auction? I presume not..