Price impact: $BCH, Aug 14, Poloniex to enable withdrawals of $BCH
Aug 9, 2017 · 1 min read
Properties
- Probability: 90%.
- Initiator: Poloniex.
- Event timestamp: imprecise (“We expect this to occur on or before 8/14/17”).
- Announcement timestamp: August 3, 2017, 5:37 PM UTC
Impact
- $BCH: down. Some holders shall dump $BCH after withdrawing it from Poloniex.
- $BTC: up. Some holders shall exchange $BCH for $BTC.
Notes
- The amount of released $BCH shall be ~5000 (based on WalletExplorer).
- 24h $BCH volume on Bittrex amounts to $4774630 (around 14691 BCH at $325) as of Aug 09.

