MASSIVE SELL: More than 2500 Bitcoins Sold in less than 1 minute
After the news today about Ghash.io getting closer to 51% of the Bitcoin mining power, it seems like a lot of investors got scared. Just in a couple of minutes more than 2500 Bitcoins were sold instantly on Mt. Gox and Bitstamp including other exchanges. There might be another reason as well. Some people have speculated in that the FBI have started to sell off their stack with Bitcoins from the Silk Road seizures. What do you think? This is a part of the Cryptocurrency Investment Club by CryptoCoinsNews.com. Join our FREE and EXCLUSIVE Cryptocurrency Investment Club! LIMITED memberships.....
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Today we have seen a couple of massive sells taking place on Mt. Gox and now currently there has been put up a sell order of more than 1000 Bitcoins on Bitstamp.net. As you can see from the Bitcoin graph below we just saw a new sell order of 1011 Bitcoins to the price of 641 USD per Bitcoin. Massive Bitcoin Sell order. Could this be related to the latest news about "Thousands of Hoarded Bitcoins Flood the Block Chain in Mystery Transaction"? There could be a big whale trying to sell off his coins, or some of his coins, from earlier Bitcoin-days. If this is so, we will have a "flooded"....
After Bitcoin hit the floor at $300, things have been looking upward. The main cause for this massive downward trend was a person sold 30,000 Bitcoins, all at the $300 mark. Once that massive sell wall was ridden of, the price of Bitcoin is going up now. Subsequently, most other coins are too. As you can see from the chart above, it only proves to further reinforce what has been previously stated. The downward trend hit the floor at around $300, with then a massive spike of volume where it then returned to regular volume levels, but the price trend is now moving upwards.
The U.S. has sold about 500 bitcoins seized back in 2018 for about $19.2 million. This was reportedly the largest net forfeiture in the Northern District of Ohio’s history. Federal authorities in the U.S. state of Ohio have sold bitcoins seized back in 2018 in a fraud case. The seized bitcoins were sold for nearly $19.23 million, Acting U.S. Attorney Bridget M. Brennan announced Thursday. The coins seized during the investigation were initially valued at approximately $2.88 million. This was reportedly the largest net forfeiture in the Northern District of Ohio’s history. The....
14 hours ago, users began reporting about the "biggest sell wall I've ever seen": a 31 000 bitcoin sell wall appeared mysteriously at 300 USD per bitcoin on Bitstamp. I must agree, this is the biggest sell wall I've ever seen. One thing that amazes me is how little the market has moved in those 14 hours since the Sell Wall of Death. 31 000 bitcoins is Now 15 000 bitcoins. Not only has the market refrained from panic selling below 300 USD per btc (where 275 USD became the lowest point), people are even chomping the Bitcoin sell wall. If you watch the order book and the live trades you can....
Ripple failed on more than two occasions near $0.2600 and $0.2640 against the US Dollar. XRP price could nosedive if there is a break below the $0.2500 support. Ripple traded as high as $0.2644 and recently corrected lower against the US dollar. The price is trading well above the $0.2500 support and the 100 simple […]