OldGeek
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250

Blitz:The price affects the perception of the news


View Profile Personal Message (Offline)

Ignore
February 10, 2014, 10:51:21 AM

The steady "exceptional" background traffic at MtGOX, that started around 12:00 Feb/7 UTC, seems to be a stream of transactions for 60-70 BTC, about one every 5 minutes or so That is about 700 BTC/hour, 16 kBTC/day.  They seem to occur at the low end of the spread.

Would you care speculate on the purpose of these transactions?

BTW, I do appreciate your posts.