Bitcoin jumped more than 10 USD within a few minutes climbing above 290 USD while the Litecoin price plunged with more than 35%. Was it a big Litecoin “whale” or “bag holder” that sold off his/hers entire stack of litecoins just to go all in on Bitcoin?
Some even claim that a ponzi scheme pumped the Litecoin price. You can read the article explaining it here. We are investigating the claim and will present our findings within 24 hours.
To whomever sold litecoins: enter your comments below and give us your thoughts on your executed sell orders. It would be interesting to see if this was a one man’s job or a massive collective of neurons acting like a shoal of fish.
View the current bitcoin price here.