Topic: A transfer of 249.999 BTC happened just now, really amazing (Read 761 times)
Well the big whales are getting bigger and the small fish are being eaten up by the big whales, that's the story here really. While many are capitulating and selling out, the big pockets and wallets are getting phatter and fatter by the day and this is how the rich get richer and the poor get much poorer. I don't know if this is a good thing or not but time will tell. That might be an exchange wallet or some pool or fund wallet of some sort and not belong just to any individual, but then again I could be wrong and it might belong to some 20-year-old miner who mined the crap out of Bitcoin in the early days and become very rich doing it. Let's see if anyone here can crack the code and find out who owns it, would be interesting.
... I doubt this bitcoin movement can have much of an impact on the price and market. I am more wondering how many bitcoins are in circulation that cannot be tracked and this turnover is not displayed in the total cryptocurrency capitalization)
in market times, 8-9 days is a very long time so you should no longer have any doubts about the results of the kind of fund transfer that OP was pointing out. it is now clear that it had absolutely no effects on anything whatsoever.
as for coins in circulation you can calculate them easily by multiplying the number of blocks by their reward (it starts from 50 and halves every 210000 block) and then reduce about 100 of it for truly lost coins like burnt coins and miner mess ups to get the real value of circulating coins. the other type of "lost coins" like people losing their private keys, satoshi's coins,... are not lost and there is no way of measuring them.
This might suggest that there will be a surge for BTC and other cryptocurrencies?
why "other cryptocurrencies"? this is bitcoin moved
and no it does not suggest that at all. neither does it suggest a drop. people always tend to get over excited about seeing a large amount of bitcoin moved (this is not large though lol).
generally all you can say about these transactions is either:
- a service is moving coins in or out of their cold storage like exchanges combining lots of inputs into one and putting it in one place
- a whale bought some coins and moved it to their cold storage. which is usually them buying coins off the market so that they don't push the price up, they keep it low while buying elsewhere...
I agree. This is something which I have observed regularly in this extremely volatile cryptocurrency market where everyone tend to lose their shit whenever Bitcoin rallies or falls chanting stuff like 'Moon', 'Bitcoin is dead' etc.
Majority of the crypto investors know nothing about the technology behind this Bitcoin and other popular coins and simply go crazy looking at the charts when they need to actually try to learn more about these currencies if they truly wish for growth of this market in the long term.
Do your research people and invest only what you are willing to lose.
According to this news
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/
The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA
Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018
Current Balance: 14,950 BTC
($52,185,839 USD)
Holds 0.08578% of all BTC
This might suggest that there will be a surge for BTC and other cryptocurrencies?
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/
The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA
Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018
Current Balance: 14,950 BTC
($52,185,839 USD)
Holds 0.08578% of all BTC
This might suggest that there will be a surge for BTC and other cryptocurrencies?
It could be some whales who keep accumulating bitcoin into their wallet in this low price.
As long it is not an exchange wallet address, then the coins won't be dumped in near time likely.
If some peoples continues accumulating bitcoin in such price, then they will gain much profit if the bull comes.
According to this news
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/
The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA
Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018
Current Balance: 14,950 BTC
($52,185,839 USD)
Holds 0.08578% of all BTC
This might suggest that there will be a surge for BTC and other cryptocurrencies?
I doubt this bitcoin movement can have much of an impact on the price and market. I am more wondering how many bitcoins are in circulation that cannot be tracked and this turnover is not displayed in the total cryptocurrency capitalization) https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/
The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA
Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018
Current Balance: 14,950 BTC
($52,185,839 USD)
Holds 0.08578% of all BTC
This might suggest that there will be a surge for BTC and other cryptocurrencies?
According to this news
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/
The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA
Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018
Current Balance: 14,950 BTC
($52,185,839 USD)
Holds 0.08578% of all BTC
This might suggest that there will be a surge for BTC and other cryptocurrencies?
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/
The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA
Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018
Current Balance: 14,950 BTC
($52,185,839 USD)
Holds 0.08578% of all BTC
This might suggest that there will be a surge for BTC and other cryptocurrencies?
Wow. How was the owner of this wallet when he saw how Bitcoin grow up and down. My heard couldn't take it
There are two options. It could be a miner addy, a big group like ant pool or something like that. The other option is a big exchanger, those business moves big amounts of bitcoins too. If i had to place a bet i would say it was a miners transaction
will be funny to see a crash towards 0$ so these "billionaires" or "millionaires" of the current will become beggars of tommorrow.
And you did not think that in five years he would be a multi-millionaire again? Everything can be in the cryptocurrency world. 
its not a "user speculating"
its an exchange organising its cold store
the only speculating i see is the social drama of the reddit poster and this topic creator
exchanges have always been organising its coldstore daily for years
so many examples.. heres one
https://www.blockchain.com/btc/tx/33b2d09f26364cde78982079f99ae585688c7f96fc6497ef9e59a0fa2f434dae
this is an exchange re-accumilating its cold stores into one main address after reorganising
there are many other examples.. just the other week people were screaming about "6k moved" "66k moved" "8k moved"
which were all the same thing
so relax its not user movements. its just exchanges doing what they do regularly
its an exchange organising its cold store
the only speculating i see is the social drama of the reddit poster and this topic creator
exchanges have always been organising its coldstore daily for years
so many examples.. heres one
https://www.blockchain.com/btc/tx/33b2d09f26364cde78982079f99ae585688c7f96fc6497ef9e59a0fa2f434dae
this is an exchange re-accumilating its cold stores into one main address after reorganising
there are many other examples.. just the other week people were screaming about "6k moved" "66k moved" "8k moved"
which were all the same thing
so relax its not user movements. its just exchanges doing what they do regularly
It was my first inclination as these threads seem to pop up every few weeks. Even if it wasn't an exchange it wouldn't really enable us to draw any conclusions. It could be both a positive or a negative or even a complete non-event. I think if you're trying to connect the dots between bitcoin moving between wallets and bitcoin price movements then you're going to come up cold and you should consider looking elsewhere.
will be funny to see a crash towards 0$ so these "billionaires" or "millionaires" of the current will become beggars of tommorrow.
very extraordinary, in my opinion it is a very good decision, but he will experience a decline temporary at the end of this year.
he must hold for a long time, if he wants to get a bigger profit.
if BTC remembers $ 20K again, then from 1 BTC he gets a profit of $ 16000
he must hold for a long time, if he wants to get a bigger profit.
if BTC remembers $ 20K again, then from 1 BTC he gets a profit of $ 16000
It may be an indication that crypto market recovery is not far away so the owner of the wallet is taking the opportunity of Bitcoin's current price to fill up his bag.
Yes indeed, I think this is interesting information. But where did he add bitcoins from?
such transactions cannot make BTC create a bull market, I know that it is a very large transaction, but that is only enough to stabilize the market.
BCHSV and BCHABC supporters always make bigger sales than that.
BCHSV and BCHABC supporters always make bigger sales than that.
Maybe you're trying to suggest that the transfer of BTC is the start of bullish market. Bitcoin and cryptocurrency holders are preparing for the much awaited recovery. Then after the recovery is the bullish period. Expect to see more of transfering of huge coins into wallets.
According to this news
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/
The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA
Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018
Current Balance: 14,950 BTC
($52,185,839 USD)
Holds 0.08578% of all BTC
This might suggest that there will be a surge for BTC and other cryptocurrencies?
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/
The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA
Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018
Current Balance: 14,950 BTC
($52,185,839 USD)
Holds 0.08578% of all BTC
This might suggest that there will be a surge for BTC and other cryptocurrencies?
Wow. How was the owner of this wallet when he saw how Bitcoin grow up and down. My heard couldn't take it
This maybe due to some person bought decent amount of bitcoin for the long term purpose,he had enough analysis about the bitcoin then bought it?
But having large number of bitcoin transacted is no valuable information to know.
But having large number of bitcoin transacted is no valuable information to know.
It means nothing, it can be simply moving from one wallet to another and spreading eggs in different, safer baskets.
Total received 23,912 BTC and final balance 15,199 BTC i think this is a big exchange wallet so that for this regularly 249 BTC transaction nothing affected in the market. Also i think big whale can store those amount of BTC. If he make this all of amount in only one transaction that was obviously big deal in this bearish market.
Interesting, but with tx everyday does it not look like an exchange? either transfering new funds to cold storage or making a new cold storage?
Well this would not be a very influential attribute on the up word movement of the price if bitcoin or any other cryptocurrency there are still at alot of other whales out there that has alot of bitcoin as well
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