Topic: Address 36png4nUpGkCrYnRXNR4PMSRFEgGadmh8S sent -25,160.31BTC to coinbase - page 2. (Read 447 times)
June 04, 2019, 02:25:30 AM
I also don't think the price drop because of someone send so much coins to coinbase for sell, i think the price had some correction and this caused the drop, and even whales will not sell so high amount at once.
June 04, 2019, 02:21:00 AM
I've been reading posts about these transactions and people are freaking out everywhere. If I had to guess I am assuming its Coinbase updating their cold storage or something similar.
It wasn't even Coinbase at all, but Xapo. Either Walletexplorer is wrong (which I doubt), or people just saw a deposit to a big hot wallet and assumed it was Coinbase. See here:
June 04, 2019, 02:01:29 AM
I've been reading posts about these transactions and people are freaking out everywhere. If I had to guess I am assuming its Coinbase updating their cold storage or something similar.
If you are a whale you wouldn't send that much in 1 transaction to spoof the market. Same with the way whales stack orders on an exchange, most will never show the entire order instead they will make it an ice-berg order.
Its just a coincidence that the drop happened at the same time as the transaction. There is no conspiracy theory here.
If you are a whale you wouldn't send that much in 1 transaction to spoof the market. Same with the way whales stack orders on an exchange, most will never show the entire order instead they will make it an ice-berg order.
Its just a coincidence that the drop happened at the same time as the transaction. There is no conspiracy theory here.
June 04, 2019, 01:40:26 AM
large transactions like this one are happening almost every day and that is not even the biggest. the biggest ones in the past week has been 157,457BTC or $1.4 billion and 144,076BTC or $1.2 billion!!! if you think each time someone moves large amounts price should drop then price should drop literary every week and never rise. besides why does your mind directly go towards someone selling? why don't you assume that someone bought that much because of the drop?!!
he thought the coins were sent to coinbase. there's only so many things you can do when you deposit bitcoins to an exchange, especially one that doesn't offer margin trading. mainly, you can sell them.
June 03, 2019, 10:51:11 PM
Was he the cause or did he have information about this possibility of correction?
large transactions like this one are happening almost every day and that is not even the biggest. the biggest ones in the past week has been 157,457BTC or $1.4 billion and 144,076BTC or $1.2 billion!!! if you think each time someone moves large amounts price should drop then price should drop literary every week and never rise. besides why does your mind directly go towards someone selling? why don't you assume that someone bought that much because of the drop?!!
here click this link and see the gigantic transactions for the past week yourself: https://blockchair.com/bitcoin/transactions?q=block_id(578125..)&s=output_total_usd(desc)#
you can also change the date or block ID at the bottom to change the time frame.
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June 03, 2019, 10:04:07 PM
https://bitinfocharts.com/bitcoin/address/36png4nUpGkCrYnRXNR4PMSRFEgGadmh8S
This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?
This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?
that doesn't look like a transfer to coinbase to me. 3D9Gi4JsBaFRfyyDHiC3QM4o3zreV6oD4G (the recipient of the 25k BTC transaction) is part of a Xapo.com wallet. i don't think these coins were dumped.
https://www.walletexplorer.com/wallet/Xapo.com?from_address=3D9Gi4JsBaFRfyyDHiC3QM4o3zreV6oD4G
How reliable is Xapo as a company and web wallet?
June 03, 2019, 09:52:22 PM
https://bitinfocharts.com/bitcoin/address/36png4nUpGkCrYnRXNR4PMSRFEgGadmh8S
This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?
This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?
that doesn't look like a transfer to coinbase to me. 3D9Gi4JsBaFRfyyDHiC3QM4o3zreV6oD4G (the recipient of the 25k BTC transaction) is part of a Xapo.com wallet. i don't think these coins were dumped.
https://www.walletexplorer.com/wallet/Xapo.com?from_address=3D9Gi4JsBaFRfyyDHiC3QM4o3zreV6oD4G
June 03, 2019, 09:51:54 PM
Pure manipulation.
June 03, 2019, 09:50:44 PM
https://bitinfocharts.com/bitcoin/address/36png4nUpGkCrYnRXNR4PMSRFEgGadmh8S
This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?
That’s pretty huge and there’s a chance that this transaction is the reason why the market dumps again, but I wonder where that bitcoin from and why he transfer it to coinbase, either to hold or to sell but this transaction is really big. Anyway, correction is happening and I hope this is just a short correction because we are from a bear market and its sad to see the price falling. This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?
June 03, 2019, 09:14:47 PM
https://bitinfocharts.com/bitcoin/address/36png4nUpGkCrYnRXNR4PMSRFEgGadmh8S
This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?
This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?
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