its in ETH, not dollars, so it would be quite difficult to convert without slippage because the markets are quite illiquid.
Basically, people trading their ETH paper gains as a diverisification play.
Basically, people trading their ETH paper gains as a diverisification play.
Oh. This suggests that ETH is way overvalued and illiquid.
We're about to find out how liquid Bitcoin really is. The Mt. Gox bankruptcy trustee has 202,185 Bitcoins and may have to convert them to yen.