If you look at the turnover of bitcoin (BTC / USD) on coinmarketcap.com, then a little:
13 ... 23 billion turnover for this period, merged 10 million per day, or 0.077% ... 0.043%.
In terms of turnover, USDT is 1700 ... 4600 billion, then 0.59% ... 0.2%, however slightly.
For a correct estimation it is necessary to know what part of bitcoin is covered by the fiat currencies.
Topic: MT Gox Trustee Sold Half a Billion Dollars Worth of Bitcoin and Bitcoin Cash (Read 146 times)
March 14, 2018, 10:46:36 PM
March 07, 2018, 08:41:11 AM
https://www.trustnodes.com/2018/03/07/mt-gox-trustee-sold-half-billion-dollars-worth-bitcoin-bitcoin-cash
A big sale like that could be the reason for bitcoin's downward pressure between Dec 2017 and Feb 2018.
Quote
The MT Gox trustee has sold 35,841 BTC for $362 million and 34,008 BCH for $45 million according to reports coming out of a creditors meeting held earlier today.
Mark Karpeles, MT Gox’s former CEO, said the sums were “sold between December 2017 and February 2018 with the assistance of a bitcoin exchange.”
Little further detail is provided at this stage with a full report by the trustee providing no explanation why the funds were sold or why they were sold at this precise point.
Mark Karpeles, MT Gox’s former CEO, said the sums were “sold between December 2017 and February 2018 with the assistance of a bitcoin exchange.”
Little further detail is provided at this stage with a full report by the trustee providing no explanation why the funds were sold or why they were sold at this precise point.
A big sale like that could be the reason for bitcoin's downward pressure between Dec 2017 and Feb 2018.
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