Anonymous trader buys $400 million in bitcoin - page 4.

putrisa

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Quote from: alyssa85 on February 17, 2018, 09:12:08 AM

https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

Quote

Go big or go home. That’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital currency, bitcoin.

The purchase comes as cryptocurrencies are making a comeback after a dreadful start to 2018.

“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia,” Alex Sunnarborg, Founding Partner of Tetras Capital said.

The unknown trader with the bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased the coins between Feb. 9 and Feb. 12, taking his bitcoin balance from 55,000 coins to more than 96,000.

It's probably a hedge fund that has invested a small portion of their funds and doesn't understand that you shouldn't keep it all in one address because the blockchain is public and everyone can see what you've done.

well this could be the beginning of the info needed to raise the price of bitcoin and it seems there will be better news from this which is likely to trigger a bitcoin price increase, just wait for the time.

sjefdeklerk

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SODL

Quote from: gentlemand on February 17, 2018, 09:49:41 AM

It's actually Huboi according to this - https://bitcointalksearch.org/topic/m.30473511

I doubt the real pros make such obvious moves. There'll be all types of autists watching wallets.

NO frikking way. I actually saw this guy buying his coins on Bitfinix and made a topic about it when I saw it happening: https://bitcointalksearch.org/topic/wtf-just-happened-bitfinex-scam-2864671

See my post where I noted he bought over 20.000 BTC in just 24 hours in that thread.

So this 100% sure isn't some 'exchange'. This is someone who actually purchased the coins because I saw it happening. But he did so in an extremely weird manner, not caring about millions of dollars (by only buying bitfinex and not other exchanges who were sometimes $600 lower already effectively giving away millions and millions of dollars). It's of course possible that it's a hedgefund. But it must then be a pretty stupid one. More likely, it seems to me, it's bitfinex with printed tether.

Xenrise

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Quote from: gentlemand on February 17, 2018, 09:49:41 AM

It's actually Huboi according to this - https://bitcointalksearch.org/topic/m.30473511

I doubt the real pros make such obvious moves. There'll be all types of autists watching wallets.

Wow, thanks for this information. I really think that this would be a great news to bitcoin and cryptocurrency. And right now, good things are coming. And those bad things, bitcoin is about to forget that. I can say that bitcoin is now recovering.

gentlemand

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Welt Am Draht

Quote from: alyssa85 on February 17, 2018, 09:57:29 AM

Thanks! I wonder why this story suddenly blew up. Did people not realize it was an exchange wallet?

Everyone loves some drama and conspiracy. If there isn't any floating around then they may as well fabricate it to keep themselves ticking over. If there isn't a disaster within ten minutes I tend to get rather twitchy myself.

Jet Cash

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https://JetCash.com

Well there must have been a lot of sales pressure to be able to absorb the purchase.

alyssa85

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Quote from: gentlemand on February 17, 2018, 09:49:41 AM

It's actually Huboi according to this - https://bitcointalksearch.org/topic/m.30473511

I doubt the real pros make such obvious moves. There'll be all types of autists watching wallets.

Thanks! I wonder why this story suddenly blew up. Did people not realize it was an exchange wallet?

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

It's actually Huboi according to this - https://bitcointalksearch.org/topic/m.30473511

I doubt the real pros make such obvious moves. There'll be all types of autists watching wallets.

alyssa85

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https://www.marketwatch.com/story/anonymous-trader-buys-400-million-of-bitcoin-2018-02-16

Quote

Go big or go home. That’s the motto of one mysterious investor who put his chips on the table, buying close to $400 million of the No.1 digital currency, bitcoin.

The purchase comes as cryptocurrencies are making a comeback after a dreadful start to 2018.

“Not sure who that big buyer was but many have bought this dip and have added since the rebound and additional regulatory clarity in the U.S. and Asia,” Alex Sunnarborg, Founding Partner of Tetras Capital said.

The unknown trader with the bitcoin address 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased the coins between Feb. 9 and Feb. 12, taking his bitcoin balance from 55,000 coins to more than 96,000.

It's probably a hedge fund that has invested a small portion of their funds and doesn't understand that you shouldn't keep it all in one address because the blockchain is public and everyone can see what you've done.

Topic: Anonymous trader buys $400 million in bitcoin - page 4. (Read 694 times)