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Kinda thinking this is a two-part issue.

  1. People freaking out over that Police raid for that Korean exchange fraud investigation.
  2. People reacting to that MtGox move. Maybe they are preemptively exiting in anticipation of a price drop, and this becomes a self fulfilling prophecy.

Well just found out the Korea fud was just that fud, and a big misunderstanding.

Greeeeeaat. So people got all freaked out over nonsense. All these hyper sensitive traders need to leave. They messing up the party for everyone else.

They will get squeezed out soon enough.