Why is the Mt. Gox guy selling on exchanges?

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For the amount of BTC he is trying to unload, why would he ever sell on an exchange? Would he instead look for large investors to whom he can sell large sums at a discount without tanking the price? Is this yet more evidence that he is trying to tank the market for his own gain?

Edit: I say “more evidence” because of the evidence that already exists in the form of the timing of those first couple dips, the futures markets, and the Mt. Gox super-sales that apparently happened at the same time. I know it sounds like conspiracy FUD, but I’m even wondering now whether and to what degree (and direction) the American and Japanese governments and stock markets might be involved.

submitted by /u/diadlep
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