Bitcoin Jan 8 ALERT: 150 BILLION MOVED OUT OF COIN MARKET CAP
Do not worry if you are down this morning.
Somebody moved 150 Billion out of Coins. The Cap moved from 850 billion to 700 Billion.
This could potentially be some large groups or banks just moving their money out.
It is already starting to recover, so a great time to buy back in!
i hold :D
next days back 30% up
Holding strong, I was truly expecting a bigger bump in early January, but should be coming soon.
It's not about the moving the money out. It's just the way coinmarketcap decided to recalculate the price excluding Korean exchanges out of the equation.
Absolutely played an influence, from what I am reading there was both at play though. The sources could be wrong.
Ofc there was. 100 bill in a semi regulated or unregulated market, only a fool that has such influence would not have used it.... I am just afraid that tricks like that might be the reason people would have less trust in crypto ecosystem.