Kevin Drum didn’t get results after all:

Earlier today it looked like the peculiar streak of $10,000 low trades had finally come to an end. But no! The low trade for December 28 is now $10,000. Apparently the $10,000 trade comes at the end of each day.

This is very strange. Is it real? Is someone out there really willing to sell some bitcoin every day for $10,000? Is it an artifact of Coindesk’s tracking software? Something to do with the new futures market? Mind tricks from a Jedi trader? It’s pretty mysterious.

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And the essential ingredient that makes all this possible? Readers like you.

It’s reader support that enables Mother Jones to devote the time and resources to report the facts that are too difficult, expensive, or inconvenient for other news outlets to uncover. Please help with a donation today if you can—even a few bucks will make a real difference. A monthly gift would be incredible.

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