I notice hours after, and then 2 days after the 1,000,000 eGas transfer to Etherdelta, there were two extremely large transfers to two other accounts with a combined total of 760,000 eGas.
It would take a long time to trade up to this holding without sending the price up to very high values. These two transfers we made before the recent price increases, and at a time when volumes had previously rarely gone over $3000 a day.
Anybody who accumulates a token to this extent and this slowly will transfer regularly to there wallet. This has not happened in this case. Instead we see two large transfers into two inactive wallets. This suggest the tokens come from somewhere else and from a body that holds an awful lot of tokens. Dev I suggest.
Just one question though to my observation. Why transfer tokens via Etherdelta and not directly to a wallet. Well if you know how to do it, it would cover the link that would allow us to assume the token ownership of these wallets.
This has all come at at a time when we have seen the recent phishing website positing on this forum, threatening wallet security. I notice other large wallet holders have transferred tokens to new wallets recently, which is a solid security step. Securing tokens in more than 1 wallet is also way of spreading risk and managing accounts.
Moving 1,000,000 tokens does not mean it has changed ownership. How long would it have taken to sell 1,000,000 tokens back at that time of lower volumes, and how far would that have driven the price down. The transfer of 1,000,000 eGas happened after the dip to $.002.
I very sensibly suggest that these 1 million tokens have not been traded at all and have merely been moved to other wallets is a way that is deliberately difficult to follow. No coin is perfect, but if on balance you are looking for something that has a chance of skyrocketing, like a few other coins have done, then eGas is as good and anything you will find.
Hold.
It would take a long time to trade up to this holding without sending the price up to very high values. These two transfers we made before the recent price increases, and at a time when volumes had previously rarely gone over $3000 a day.
Anybody who accumulates a token to this extent and this slowly will transfer regularly to there wallet. This has not happened in this case. Instead we see two large transfers into two inactive wallets. This suggest the tokens come from somewhere else and from a body that holds an awful lot of tokens. Dev I suggest.
Just one question though to my observation. Why transfer tokens via Etherdelta and not directly to a wallet. Well if you know how to do it, it would cover the link that would allow us to assume the token ownership of these wallets.
This has all come at at a time when we have seen the recent phishing website positing on this forum, threatening wallet security. I notice other large wallet holders have transferred tokens to new wallets recently, which is a solid security step. Securing tokens in more than 1 wallet is also way of spreading risk and managing accounts.
Moving 1,000,000 tokens does not mean it has changed ownership. How long would it have taken to sell 1,000,000 tokens back at that time of lower volumes, and how far would that have driven the price down. The transfer of 1,000,000 eGas happened after the dip to $.002.
I very sensibly suggest that these 1 million tokens have not been traded at all and have merely been moved to other wallets is a way that is deliberately difficult to follow. No coin is perfect, but if on balance you are looking for something that has a chance of skyrocketing, like a few other coins have done, then eGas is as good and anything you will find.
Hold.
Could you give us some etherscan addresses to back up your statements?
https://etherscan.io/token/0xb53A96bcBdD9CF78dfF20BAB6C2be7bAec8f00f8?a=0x97e55e166df684b33489f17b9ddbaf919b6fe428
look at the transfers in from etherdelta
