They now have below 5000BTC. It’s remarkable how well the market has digested 45000BTC sold so far.
I assume Germany will be NOCOINERS by Monday, pathetic tbh.
@SimpyBitcoinTV
UPDATE: Germany sent an additional 3,000 #Bitcoin to exchanges, leaving them with 4,925 #BTC !
https://x.com/simplybitcointv/status/1811435588651999235
This is great news. With a little bit of luck we’ll have some recovery time between Germany and mtgox to let some support build and soften that blow. If nothing else, this massive wave of back to back selling has shown the world how strong the Bitcoin market is currently. It’s also given shorts enough rope to hang themselves. As soon as mtgox is over I’m expecting to see one hell of a bull run. My advice to everyone is to make sure you’re in the game come Halloween.