Topic: A transfer of 249.999 BTC happened just now, really amazing - page 2. (Read 789 times)
If it belongs to an investor, at least it shows that the bitcoin is not dead. It may even be an indicator, that there will be a price surge someday
My guess is that an exchange is moving hot bitcoins into cold storage. Something mt gox should have done and avoided the crash of 2017/2018. 250 btc won't move the market though
AFAIK the exchange company or other old miner able to have such massive amount of bits.
Of course if personal trader like me able to do transaction with BTC 249 , I'm sure that I able to control bitcoin value at least 5%
As long as the company doesn't selling their bitcoin, there is nothing to worry about it.
Of course if personal trader like me able to do transaction with BTC 249 , I'm sure that I able to control bitcoin value at least 5%
As long as the company doesn't selling their bitcoin, there is nothing to worry about it.
move means just transfer of ownership to me, I don't think it will make any signal to the market.
This might suggest that there will be a surge for BTC and other cryptocurrencies?
The amount is good but not strong enough to influence so even if owner wants to sell, I do not think it can affect the price. It can onlotc trade with an etf y influence low volume small fishes and shitcoins. Anyway, it is probably exchange's money and just sent to the wallet to hold it. Either that or it’s a huge exchange for an etf or something that is hoping to be approved.
Tracing the chain and seeing where the funds initially started seems quite a good idea. They may all have been from the same miner or service.
This might suggest that there will be a surge for BTC and other cryptocurrencies?
The amount is good but not strong enough to influence so even if owner wants to sell, I do not think it can affect the price. It can only influence low volume small fishes and shitcoins. Anyway, it is probably exchange's money and just sent to the wallet to hold it. 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?
Well it's the 53rd largest address, it's not huge news. It's largely irrelevant, in fact.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?
Not to mention it could be a whale who's simply consolidating all his coins into one wallet.
I can still see the market recovery now and this one is really a good addition.
Maybe some whales are done on getting the bag fuller. FINALLY!!! we will see another bull run before the year ends and will continue to 2019!
Maybe some whales are done on getting the bag fuller. FINALLY!!! we will see another bull run before the year ends and will continue to 2019!
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
unlike what most people said here i think this can be an indication of a rise on the way in near future because in a way these cases are showing accumulation and we all know that the accumulation is the last phase before a big rally starts.
of course you shouldn't make in vestment decisions based on things like this!
of course you shouldn't make in vestment decisions based on things like this!
That's not something to grow up to. When I first saw the title, I perceived it as the 249K Bitcoin. Only 249. Yes, a great amount, but not very important.
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...
If there is upward move of BTC, its quite obvious most of the alt coins will also move upwards as BTC is still the king.
Moving this amount by 53rd largest address in order of holding BTC may be for anything, it may be a cheap buying for long hold, nothing can be denied.
Market is in a deep downtrend for last 11 months, there are chances of market upward move anytime now.
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...
If there is upward move of BTC, its quite obvious most of the alt coins will also move upwards as BTC is still the king.
Moving this amount by 53rd largest address in order of holding BTC may be
Nah, it's a normal occurrence that people are moving large funds to another address, perhaps because of changing their storage or simply a routine transfer of money towards other addresses. But then again, since the address is constantly adding up funds on to their address, this could be a part of another service's cold storage that we don't know something about, or is yet to convey their identities. At this point we don't know the intentions of whoever owns that address, but one thing's for sure though: they hold a lot of money on a single address and weirdly adding up the similar amount constantly that could ring a bell in the future.
I just hope that they don't dump on us when the time comes.
I just hope that they don't dump on us when the time comes.
Does anyone even know if this address belongs to an individual or an entity buying btc rather than just being an address owned by an exchange or one of the whales moving their own funds around? Would think if it's some large entity adding btc each week they'd buy more than 750k worth per week.
A precise transaction of 249.999 BTC is something very unusual.
Well, actually there are also 299.999 and 199.999 transactions there too.
And yep, I'd say the same. Somebody (person, institution, consortium, whatever) is accumulating. And the 0.999 part most probably comes from deducting the withdrawal fee by the exchange.
this has been going on for a while actually. I have seen many cases of this recently which is why I mentioned the possibility in my above comment. there are many big transactions like this and when you follow them back you rarely find any of them link to an exchange wallet which proves this new sneaky way of accumulating bitcoin without letting the market find out about it and go up.
I think this is just moving it, and maybe it won't change anything at the price of bitcoin and altcoin, and this might worsen the current market situation.
A precise transaction of 249.999 BTC is something very unusual.
Well, actually there are also 299.999 and 199.999 transactions there too.
And yep, I'd say the same. Somebody (person, institution, consortium, whatever) is accumulating. And the 0.999 part most probably comes from deducting the withdrawal fee by the exchange.
This might suggest that there will be a surge for BTC and other cryptocurrencies?
Imho this suggests that somebody believes in Bitcoin and invests big bucks in it. Really big bucks...
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?
What we all usually do is, speculate and hoard! Probably the owner of 15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA is doing the same thing. But because of the owner has a deep pocket, the volume looks big to us!
And while we talk about it, the balance is now 15,199.77 BTC. What is unusual though is the amount of BTC accumulated. A precise transaction of 249.999 BTC is something very unusual. Probably the owner speculating that market will go up soon and he is doing this as a ritual to make wealth! Probably, we are all speculating here!
Is that your comment on reddit? If not this, then which is the largest? @Pursuer
OP transaction is transaction, this wasn't money laundering nor has to do something with bitcoin's price. Btw it would affect price if for example it was coming from scam websites like it happened in past with hashocean but no one does it so publicly and no scamer wants his transaction to be easily viewable, especially on top of btc transactions. So don't worry + there is no news about it on major websites, take it easy.
OP transaction is transaction, this wasn't money laundering nor has to do something with bitcoin's price. Btw it would affect price if for example it was coming from scam websites like it happened in past with hashocean but no one does it so publicly and no scamer wants his transaction to be easily viewable, especially on top of btc transactions. So don't worry + there is no news about it on major websites, take it easy.
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