Topic: A transfer of 249.999 BTC happened just now, really amazing - page 3. (Read 761 times)
Its not much of a big deal,you think its a whale accumulating,than can be true but there can be a lot of other reasons too.....
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...
The move doesn't do mean anything to the market, most probably trading exchange moving their coins to a safe location or its just a big whale who just accumulates since the price is really ripe for purchasing big amounts of bitcoin. Sorry to burst the bubble but we won't see a spike in the price as you have speculating.
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...
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?
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