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Mysterious Bitcoin Buyer Sends Cryptocurrencies Soaring

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"Bitcoin prices jumped 15.3 percent Tuesday morning after a large, anonymous buyer placed a $100 million order.

A single $100 million algorithmic order to buy bitcoin was spread across exchanges Coinbase, Kraken and Bitstamp. The orders were placed in increments of 7,000 BTC at a time and triggered a flurry of subsequent trading volume in the cryptocurrency markets."

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