Content adapted from this Zerohedge.com article : Source
The continued weakness in the world of bitcoin continues. After a day of red after the Google announcement of banning cryptocurrency ads, the trend continued into the evening hours.
A continued concerned is the G-20 summit which could see further regulation to control crypto. Also, the continued Mt. Gox sell-off is hanging out there.
Kobayashi is sitting on another $1.9B in bitcoin after selling $400M.
Bitcoin is now in the area wehre a mystery buyer stepped in back in february.
As a reminder, according to BitInfoCharts, a mysterious buyer with a Bitcoin address of 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased an astronomical amount of bitcoins worth $344,000,000 at a blended cost basis around $8,400 from 02-09-18 through 02-12-18.
This account added 41,000 coins pushing the total to 96,000 bitcoins.
It is the third largest bitcoin account.
Non-adapted content found at zerohedge.com: Source
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