Author

Topic: $1b of BTC flowing into Gemini (Read 79 times)

legendary
Activity: 2758
Merit: 6830
March 16, 2021, 09:12:25 AM
#3
Why is Gemini launching such rumors? glassnode clarification that is not true.
They aren't? Glassnode, Crypto Quant and Whale Alert are the ones tracking these wallets and saying different things. All Gemini did was transfer their coins between wallets (Blockfi sent to Gemini, to be more exact - according to coinmetrics).
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
March 16, 2021, 09:03:13 AM
#2
Look at who owns Gemini and you will get your answer.

All centralized exchanges have crazy CEOs who want to win and win big. So is it any surprise they issue these types of data all over the place? You look at binance as a big example. They bought CMC and fired all the staff there and replaced with their own,,, and then claims everyone else is centralized:)
newbie
Activity: 3
Merit: 0
March 15, 2021, 08:16:51 AM
#1
Why is Gemini launching such rumors? glassnode clarification that is not true.
It's the second time it's happened in the last 30 days
 
Quote
Clarification: This is incorrect, the reported transactions were internal. Those are funds that were already on the exchange's wallets, and were simply transferred internally.


https://studio.glassnode.com/metrics?a=BTC&category=&chartStyle=column&e=gemini&m=distribution.BalanceExchanges&mScl=lin&pScl=log&resolution=1h&s=1613212524&u=1615804524&zoom=30
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