Author

Topic: [2016-04-11] Cryptsy Funds Has Moved To A Bittrex Wallet (Read 301 times)

legendary
Activity: 2170
Merit: 1427
At todays prices 15,000 UNO is still worth a good 90BTC but the market at bittrex is very thin. They have to sell all their coins very slowly in order to get the most out of their coins. It will most likely take weeks, perhaps a month. It could be that the operators of Cryptsy are trying to cash out their altcoins. Other than that I can't think of any reason of why they would move their funds to Bittrex.
legendary
Activity: 1596
Merit: 1010
Who is moving the funds, in your opinion?

By the look of things, someone has been moving Unobtanium funds from aCryptsy wallet over to the Bittrex exchange. Based on various Twitter reports – which are always subject to interpretation – it looks as if close to 15,000 UNO coins made it to the Bittrex platform yesterday, making it the largest Unobtanium altcoin wallet across all exchanges.

http://bitcoinist.net/cryptsy-funds-has-moved-to-a-bittrex-wallet/
Jump to: