Bitcoins worth $400 million sold yesterday!

[negon]

The Tokyo attorney and bankruptcy trustee for the now-defunct Mt. Gox exchange disclosed on Wednesday that he sold about $400 million worth of Bitcoin and Bitcoin Cash since late September. Kobayashi is sitting on another $1.9 billion of the tokens and will consider offloading those too as he raises cash to distribute to Mt. Gox’s creditors.

Bitcoin's Famed Tokyo Whale Sold $400 Million and He's Not Done Yet

 

[uplana]

Thanks, I was looking for the reason why the bitcoin is bleeding again!

 

[badape]

 

[Martin Everson]

So 850,000 bitcoin stolen and 200,000 recovered leaving a thief with 650,000 bitcoins. So some thief got away with roughly $6.5bn at todays exchange rate or $13bn if they sold some months ago at its peak...scary stuff.

 

[Spinat]

really scary.. how the heck can this be possible?