"Shark" has sold $ 400 million worth of bitcoin and the number has not stopped

In the financial market, "shark" refers to a large financial institution or a single individual (most likely a millionaire, bill...

In the financial market, "shark" refers to a large financial institution or a single individual (most likely a millionaire, billionaire) who can spend huge amounts of money to buy or sell. out financial assets. The volume of assets that they can influence is so great, so these people dominate and make the market change with just one move.
In a market that is still small, low in liquidity and speculative as the market for sharks, the shark has more power. Nobuaki Kobayashi will be a shark that is not what you usually think, but this character has become a big force that anyone who has been involved in the market for the first time.
Yesterday, Kobayashi, the trustee and lawyer representing the bankruptcy of Mt. Gox in court - revealed that he had sold $ 400 million worth of bitcoin and bitcoin cash since September last year. Kobayashi currently manages another $ 1.9 billion in proceeds and will consider selling them to raise cash to pay creditors for Mt. Gox.


Formerly the world's largest bitcoin trading platform, Mt. Gox filed for bankruptcy four years ago after admitting losing 850,000 dong ($ 500 million) worth of bitcoins. Then this floor said it has recovered about 200,000 from hackers.

Although Kobayashi did not disclose details of the plan to sell the coin, he said he had tried to sell at the highest possible price. According to the Mt. Gox average price from September to now is about $ 10,105. At the time of writing, bitcoin was at $ 9,677, a sharp drop of more than 10% in the past 24 hours due to rumors of Binance being attacked.

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High Tech Brain: "Shark" has sold $ 400 million worth of bitcoin and the number has not stopped
"Shark" has sold $ 400 million worth of bitcoin and the number has not stopped
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