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Topic: 20,000 btc moved (Read 264 times)

full member
Activity: 868
Merit: 202
December 17, 2023, 03:16:33 AM
#31
if it wasn't bitcoin satoshis moving from his wallet, i wouldn't care. moreover, 20,000 bitcoins is still quite small compared to what binance and some other large holders hold, so it won't have much of an impact on the market.
sr. member
Activity: 1498
Merit: 271
DGbet.fun - Crypto Sportsbook
December 17, 2023, 03:10:35 AM
#30
Hey
Breaking
20,0000 moved from unknown wallet to coinbase

What do you want to point out on this topic? If you move 20,000 bitcoins or 200,000, what will happen to you now? Are you affected?
I'm just asking...

There are many whale investors who conduct transactions that involve huge amounts of Bitcoin and more. That doesn't just happen on one platform, does it? The number of bitcoins is even higher than that of other exchange platforms that carry out such transactions.
full member
Activity: 476
Merit: 141
December 16, 2023, 11:42:26 PM
#29
Hey
Breaking
20,0000 moved from unknown wallet to coinbase

LoL Bro

Will you suddenly present a word that everyone will believe? not at all. How did you know BTC was removed? I noticed you created your topic and here I see the difference.



OP So which one is Right?
20,000
20,0000

newbie
Activity: 14
Merit: 0
December 16, 2023, 11:21:07 PM
#28
20,000? That doesn't seem like that big of a deal, you must think about the people who have tons of money invested into cryptocurrency.
full member
Activity: 448
Merit: 129
December 16, 2023, 10:53:16 PM
#27
Hey
Breaking
20,0000 moved from unknown wallet to coinbase
I felt a mix of excitement and curiosity, wondering who could be behind such a large transfer. Bitcoin world always has its share of interesting developments, and this news added some extra buzz to my day. Later I realized that there is no information mentioned for transferring large amount of BTC. Hence such discussions can only manipulate the market or create panic among traders.
legendary
Activity: 3808
Merit: 1723
December 16, 2023, 07:21:57 PM
#26
There are billions that are being moved from time to time. What matters is where its being moved from. Many exchanges do internal transfers. The market doesn't care about these at all. Its just moving their cold storage around I guess.

The ones that matter are those held by MtGox, US Government, FTX, Satoshi, etc. If those move then it will be a significant event. Sometimes you got an old hodler from like 2010 moving his coins, those usually happening during strong bull markets. And as usual the market takes note but doesn't really care.
legendary
Activity: 2492
Merit: 1232
December 16, 2023, 06:59:09 PM
#25
Hey
Breaking

Repeat slowly after me:
Nobody gives a fuck!


LOL  Cheesy
Yeah, Who cares!  Grin

This isn't new, there's a lot of big transactions that we keep seeing especially if you follow the Whale_alert Twitter account.

Most likely, it was from an exchange wallet moving their coins to another wallet, and nothing to worry about.
hero member
Activity: 1554
Merit: 880
pxzone.online
December 16, 2023, 06:59:02 PM
#24
Most of the time for inexperience investors, they could take this as negative and become nervous and suddenly push the sell button. And then this whales are very happy scooping those BTC from noobs.
No need to panic with those sell notifications to exchanges though. Only those paranoid are those affected. And you don't need to hate this alerts, they are more helpful on the other way around.

But yeah, in any case, we can speculate what that "unknown wallet" is.
That unknown wallet is refered as not exchange or known company, mostly are individual traders.
legendary
Activity: 3024
Merit: 2148
December 16, 2023, 06:54:51 PM
#23
20,000 coins is not that big amount to panic. It's not 200,000 coins or 1 million coins. It's not enough to seriously crash the market.  Also, it's not realistic that they will be dumped in one go - that would be quite inefficient because they would be filling orders with lower offers. 20k would be better sold on multiple exchanges or on an OTC desk.

Just because someone sent a lot of coins to an exchange doesn't mean they will sell them. It could be just a move to scare traders into selling coins and buying the dip.

We also don't know to whom those coins belong. It might be some business entity rather than a single whale.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
December 16, 2023, 06:46:50 PM
#22
Hey
Breaking
20,0000 moved from unknown wallet to coinbase

this is not uncommon do we really have to know every little thing or else we will mark it as suspicious? bitcoin promotes anonymity and so shall the community might be hard to wrap our heads in but some people really have 20k that they can move in or out of the exchange
hero member
Activity: 700
Merit: 673
December 16, 2023, 05:52:34 PM
#21
Hey
Breaking
20,0000 moved from unknown wallet to coinbase

If this amount was a figure moved from a federal wallet holding from seizure or any of such and it's being moved up to an exchange for trading or to some place where they can auction the bitcoin, then it could have been a thing of concern as it might have a negative impact on the market as it will create great fear on newbie traders and pulling off such a volume in one exchange is enough to get notice.
 
For the most part, it's okay to move coins from one place to another, irrespective of the amount you can move them from, where you feel less safe, to somewhere you feel it's much safer for you to hold that amount, so there's nothing to worry about. Even if that is for selling and the price drops, we will still see it recover over time.
legendary
Activity: 2380
Merit: 2369
Catalog Websites
December 16, 2023, 05:16:11 PM
#20
Hey
Breaking
20,0000 moved from unknown wallet to coinbase
I mean, it's a lot of bitcoins worth a lot of money, but exactly what's the point of your post? Are you trying to FUD? I don't think that people on this forum get scared easily, especially because many already experienced several bear markets so someone who moves a lot of bitcoins is not a big news at all. To be honest it shouldn't be a news at all.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
December 16, 2023, 05:07:46 PM
#19
20,0000 moved from unknown wallet to coinbase
That's great - it means someone did it, but who cares?
No need to scare people with thousands of btc going from one wallet to another - people are already fed up with that, except for 20,000 btc from a hacker's wallet. Avoid FUD and let it happen because you might also find tens of thousands of btc withdrawn from exchanges on the same day.
legendary
Activity: 3080
Merit: 1353
December 16, 2023, 04:52:05 PM
#18
Looking your timestamp of posting, i didn't see any tweet from whale alert such amount of transfer. Although there is $200k[1] or 5500 BTC transfer but from unknown to unknown wallet, while there is 2310 BTC or $97k from unknown to coinbase[2]. So there's nothing near to what you have posted. And lastly, it doesn't matter.

[1] https://twitter.com/whale_alert/status/1736068965762265368?s=19
[2] https://twitter.com/whale_alert/status/1735870700462752089?s=19

And that's why I totally ignored those kind of alerts from that source. Most of the time for inexperience investors, they could take this as negative and become nervous and suddenly push the sell button. And then this whales are very happy scooping those BTC from noobs.

@alastantiger - I can sense the sarcasm,  Grin

But yeah, in any case, we can speculate what that "unknown wallet" is.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 16, 2023, 04:41:44 PM
#17
Repeat slowly after me:
Nobody gives a fuck!
ROFL.

Soon we will see people telling, "hey bud, 1 bitcoin has been moved, 100 bitcoin has been moved, 1k bitcoin has been moved". You know the pattern.

But by that time, the price might be higher and could be around $100k so that makes sense to some new folks in the community. And that's fine.

By the way OP, we're done with these news no matter what is the amount of the transfers made, it's no longer going to affect most of us. Let them move their bitcoins and we will move ours as well.
sr. member
Activity: 574
Merit: 310
December 16, 2023, 04:16:03 PM
#16
Hey
Breaking
20,0000 moved from unknown wallet to coinbase
Hey, you can feel the energy from the replies that we are feeling it. Do not be discouraged. I think you may have made a historic discovery yourself. You should be proud. Knowing that the community doesn't share in your little discovery the best place to share this kind of information should be on WhatsApp, Facebook, Twitter, Instagram etc.
hero member
Activity: 882
Merit: 1873
Crypto Swap Exchange
December 16, 2023, 03:47:52 PM
#15
20 000 out, but seems like it's Bitfinex not Coinbase.
Either way, nobody cares!
OP is a Newbie.  Back in the day I used to sit for hours at my desk looking at every single new Bitcoin Transaction on Block Explorers.  I actually thought that would help me in some sort of way.  It is interesting to see how millions of Dollars move every now and then but that is all.  I find it funny now seeing todays Newbies doing the same silly thing I used to do.
copper member
Activity: 1330
Merit: 899
🖤😏
December 16, 2023, 03:39:39 PM
#14
Oh my

Jokes aside, coin movements happen all the time, I would perhaps be a little worried only if Satoshi moved his coins
Why would you be worried? Don't you consider him a human being? I mean he should be free to use his coins, after all, they are not decorative, it should be OK whenever he wants to move them, it's his property after all.
sr. member
Activity: 294
Merit: 433
HODL - BTC
December 16, 2023, 03:18:29 PM
#13
Yes for you this may be panic and think bitcoin will go down? Isn't it?

I don't care about the transfer of that much bitcoin, because often seeing from twitter there are those who send bitcoin from unknown wallets ranging from 100 BTC to tens of thousands of BTC it is not a big problem let alone a crash for the market, maybe they just want to save or BTC that bitcoin exchange.
sr. member
Activity: 448
Merit: 688
In ₿ we trust
December 16, 2023, 03:06:54 PM
#12
Oh my God, the dream is over, bitcoin goes to zero, save yourself who can

Jokes aside, coin movements happen all the time, I would perhaps be a little worried only if Satoshi moved his coins
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