Mt. Gox Supply Is Still Hitting the Market

Wallets linked to the Mt. Gox hacker have moved another 1,300 $BTC to exchanges over the past seven days, roughly $114 million in fresh potential sell pressure. That brings total sales to about 2,300 BTC, and the unloading clearly isn't finished. These addresses still control 4,100 BTC, or roughly $360 million waiting in reserve. Their size clearly is an overhang that, sadly, the market knows remains. #MtGox #CryptoMarket