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Bitcoin's Tokyo whale Nobuaki Kobayashi is a seller

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He's not your typical bitcoin whale, but Nobuaki Kobayashi has become a force to be reckoned with in the cryptocurrency world.

The Tokyo attorney and bankruptcy trustee for the now-defunct Mt. Gox exchange disclosed that he sold about $US400 million worth of bitcoin and bitcoin cash since late September. Kobayashi is sitting on another $US1.9 billion of the tokens and will consider offloading those too as he raises cash to distribute to Mt. Gox's creditors.

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    Original URL: https://www.afr.com/markets/currencies/bitcoins-tokyo-whale-nobuaki-kobayashi-is-a-seller-20180307-h0x6c5