Quote from: ghostlander on June 16, 2018, 04:39:33 PM

Quote from: _coalminer on June 16, 2018, 05:30:32 AM

is anyone else curious whether the recently depressed price is the result from miners selling?

The miners can sell 115k FTC per day which is roughly 1.5 BTC. There are no large sell orders either. 25 BTC up to 3k sats on Bittrex.

I'm not suggesting that accumulated miner holdings are being sold, my curiosity is whether they are sold as they are mined. This would be about 10-20% of the daily trading volume (which is currently very low) and be enough to cause a severe imbalance (downward pressure) in an otherwise balanced market.

Of course, it could be a whale who keeps selling...perhaps worth looking at the rich list earlier this year and check out what happened to those holdings?

_coalminer

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