Tuesday 17 March 2015

Inside Whale Club: The Trading Room That Loves Bitcoin Price Declines

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Whale Club “How much is he dumping?”


The phrase comes to surface amid a collection of voices, most discussing the unknown trader. The room focuses on his (or her) observable market influence, dissecting how and why he closed all his short positions for signs of strategy.


“He was defending that position,” one of the voices says with authority. “That price should have gone up on the ratio, it didn't. I think it was him dumping.”


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