It's funny how a person single handedly affects the market globally. $400 million is a massive amount of money.. This honestly couldn't leave the market the same. Selling coins exerts a lot of influence on the market. And I feel their should be a limit set for the whales selling coins. I feel we are yet to see a huge dip which will be exerted by Kobayashi if he decides to sell off the $1.9 billion worth of bitcoin.
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Not compared to the entire market. I dont know what Bitcoin trades in a day but it is in the billions.
$400M in a day might be of impact, but over 6 months? I dont buy it.
Don't forget Korea and its claims of banning crypto. It scared a lot of asians, and maybe this Gox was one of them.