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.