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RE: 3 Possible Reasons For The Current Bear Market: MtGox, SEC and Potential Binance Hack

in #steem7 years ago
  1. Mt Gox Trustee Sold around $400 Million Worth Of Bitcoin In The Last Few Months

Right after reading this news i guessed that the market might have collapsed. $400 Million is not a small number. So i checked the coinmarketcap to see prices and i was right the market indeed collapsed and that to in a worse way.

When bad things start to happens they don't happen one by one, instead they happen in numbers multiple sides.