Be careful ! 4500 Bitcoins has send to coinbase pro

Nrcewker

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Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

This isn’t a confirm news or source, it’s just people are assuming what we can see.
Moreover sending the coins to the wallet doesn’t mean all the long term traders have sold the coin. If they really had done that then we could have seen a huge price fall, but nothing serious has happened.
Moreover yesterday Night I can across a news that El Salvador bought 80 more Bitcoins. This is a good sign and this might now lead to the rise of Bitcoins again.
Let’s see what happens next.

LastKiss

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Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

They bought it long ago and now want to sell it so just leave that person, I kinda don't care about the whales selling their Bitcoin since if someone else selling their Bitcoin there will be new investors willing to take that bitcoin at a discounted price. Rather than panicking because someone else selling a huge amount of Bitcoin just take the opportunity to buy the dip while it's available.

abel1337

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Quote from: Lubang Bawah on June 30, 2022, 05:46:12 AM

Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

If calculated with today's transaction volume, it is equivalent to 0.18% and I'm not worried if everything is sold, and I'm sure not all are sold at 1 transaction, maybe this is from the developer who wants to pump coins and this is common.

It's a mere .18% but it could make a market movement even if it's small addition to that is the panic that it could possibly do. I really don't know if that 4500 bitcoin deposited is true since I can't find an article or news about that. Though I agree that we should not be worried about it, I personally stacking up my wallet with BTC so if somehow this BTC where sold, There's a chance that I and we can buy bitcoin lower.

justdimin

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Quote from: blockman on June 28, 2022, 08:34:30 AM

Well, if it's on Coinbase Pro then we'll have that guess that it's bound to be traded and to be sold. Whether they'll sell it or let it just sit, well no one will sit their 4500 bitcoins on an exchange unless it's about to be sold. But no one can stop them if they want to sell that all at once and they've got profit from it. The bull market has been gone and these could have been made from there and has been on hold or they've bought that even less than the market price today when we're on the bear market of 2018 or even during the earlier years.

Plus, the market is still above recent low price, even though there hasn't been that much improvement lately and the prices hasn't been that well, we have to accept the fact that it hasn't been doing that badly neither. This is why I believe that we should be happy about it, even after thousands of coins were sold, the market stood its ground and doing fine right now.

This means that we could end up with something that is profitable for all of us. That is why the best thing to do right now is stay back and do what we do best, and just hodl. There is a reason why "hodl" was invented in the crypto world and that is because we all know the value of hodling long term.

Lubang Bawah

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Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

If calculated with today's transaction volume, it is equivalent to 0.18% and I'm not worried if everything is sold, and I'm sure not all are sold at 1 transaction, maybe this is from the developer who wants to pump coins and this is common.

rodskee

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Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

I am not afraid of what will be the outcome but instead I am seeking for the effect because for sure it will make us rich in the future because you know it will be a cheap price and will stay for at least year long and then will pump.

Quote from: BitcoinPanther on June 29, 2022, 09:46:41 AM

Aren't we planning on buying BTC during this bear market?

I do and I will always do, actually i already did recently buying at 17k and waiting more for the dump if this can happen soon.

virasog

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Quote from: BitcoinPanther on June 29, 2022, 09:46:41 AM

Aren't we planning on buying BTC during this bear market? If this 4500 BTC crash the price isn't this advantageous to us? We are able to buy BTC at a more discounted price. At least to those who DCA this is another opportunity to lower their price buy average. But I think this kind of movement is normal, I always see a whale message alert on my TG account, and most of them moved more BTC than this one.

Usually when people see funds moving to the exchange they do two things which are wrong in my opinion.

1) They do not buy at current low levels and wait for the dump to buy at even lower price

2) The short term holders sell their positions to buy back again at lower prices.

Bothe of these actions are risky and can lead to loss if the price do not dump.

BitcoinPanther

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Aren't we planning on buying BTC during this bear market? If this 4500 BTC crash the price isn't this advantageous to us? We are able to buy BTC at a more discounted price. At least to those who DCA this is another opportunity to lower their price buy average. But I think this kind of movement is normal, I always see a whale message alert on my TG account, and most of them moved more BTC than this one.

RashidulIR

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Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now.

Thanks for your alert. I think it doesn't matter because many investors are investing in Crypto in compliance with DCA, big companies are now investing in Bitcoin so it doesn't seem to be a big loss in the market.

Some are trying to bring down the FUD market. Besides the market is slowly recovering maybe not some big bad news in fact Bitcoin will see a new price record again.

Quote

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro

This may be the reason Bitcoin breakdown the major support zone 20k to 19820$.

Maybe Bitcoin could come down further?

Lucius

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Quote from: smartaction on June 29, 2022, 07:51:10 AM

Do not post any news without valid proof with source link. If you do it then it just seems unbelievable.

With or without a link nothing significant will happen if someone sells 4500 BTC, just as nothing happened a week ago when someone was in a panic over a similar amount of 5000 BTC.

Quote from: smartaction on June 29, 2022, 07:51:10 AM

Bitcoin has stabilized at 20,000. And trying to pump it. I bought 1 bitcoin today. And plan to hold longtime. But here you are talking about selling bitcoin he he.

It’s rare to see someone admit such a thing, so even though I meant to congratulate you on that success - I looked at your post history and see that you borrowed as much as $14 000 to buy BTC. Now you not only owe the bank 10% interest, but you also owe it to your uncle, and we always say that it is not wise to borrow money for risky investments. In the long run, that investment is likely to pay off - but in the meantime, you will be living with debt in times of inflation and recession, not to mention how many will lose their jobs - I hope you won't be one of them.

smartaction

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Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

Do not post any news without valid proof with source link. If you do it then it just seems unbelievable.
Bitcoin has stabilized at 20,000. And trying to pump it. I bought 1 bitcoin today. And plan to hold longtime. But here you are talking about selling bitcoin he he.

Crypto_Dotar

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Quote from: cryptoaddictchie on June 28, 2022, 03:18:26 AM

I'll worry if those 4500 will be dumped and another huge quantity holder dumped. But checking out total volume on exchanges its like gonna pass through since volume isuch higher, if this is like 1milliom bitcoin then we can start worrying. Exchanges created a lot of volume more than that. Also who knows what it will be use for and not for selling anyway.

Well, if it's on Coinbase Pro then we'll have that guess that it's bound to be traded and to be sold. Whether they'll sell it or let it just sit, well no one will sit their 4500 bitcoins on an exchange unless it's about to be sold. But no one can stop them if they want to sell that all at once and they've got profit from it. The bull market has been gone and these could have been made from there and has been on hold or they've bought that even less than the market price today when we're on the bear market of 2018 or even during the earlier years.

noorman0

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A move of that size would be another speculation instead of price in the first place, the OP didn't give any information about the purpose of the move. I've never heard of in history since the price was over $5k a whale selling thousands of bitcoins at once on the spot market because that's not the place to look for the best price.

cryptoaddictchie

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Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

I'll worry if those 4500 will be dumped and another huge quantity holder dumped. But checking out total volume on exchanges its like gonna pass through since volume isuch higher, if this is like 1milliom bitcoin then we can start worrying. Exchanges created a lot of volume more than that. Also who knows what it will be use for and not for selling anyway.

NeuroticFish

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Quote from: Cryptornd on June 27, 2022, 11:57:38 AM

sir , the main case i am talking about is not 4500 coins. the problem is about high number of cdd. 4500 bitcoin is something to not care we all know that.

It doesn't really matter who is selling and how old are the coins. What matters is, as usual, the amount (well, the amount over time actually). And since the amount is not so big, it doesn't matter.
Even if it's old coins and you would say it adds up on top of the usual sales, it's not a big enough amount to matter.

ImThour

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Bitcoin Bottom was at $15.4k

See, any amount of Bitcoin deposited to any exchange is not only for selling.
What if they are going to use it for Margin Trading and add that BTC as collateral to open a Long position?
I would say not to take the Crypto Twitter cons very seriously. Try using your own mind next time.
Not every deposit is for selling, what If they are willing to keep it in Exchange for some other reasons?

gunhell16

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Quote from: Cryptornd on June 27, 2022, 10:10:16 AM

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back. specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

In the first place dude, why don't you have any source link to make your topic will become true. Due if ever this is true, it will
be in favour to coinbase platform. It can also gain trust more to other community here to their platform once more.

However, for this moment there could be possible that there disadvantage and advantage for this matter anyway..

2stout

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This is really ado about nothing. There could many reasons reasons for this such as profit, margin call, altcoin buy opportunities, etc., not understanding the reason for the panic alarm.

adaseb

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I've stopped looking at those whale wallet alerts, very rarely will it ever make you a profitable trade. Basically there are only 2 occasions where it was very profitable following those alerts and it was 2 weekends ago when bitcoin dumped to $17.5K and ETH to $885. And the hint was that during Saturday open there was lots of coins being sent to exchanges which was odd on a Saturday and a huge dump happened right after.

Second one was when that Shiba whale sent his Billions dollar worth of ShibaINU and everybody started dumping the coin as a result because he was going to start liquidating his holding. I think if you shorted there you would of never had it move against you and would be in great profit.

Other times it didn't mean anything when large wallets were moving around coins.

Topic: Be careful ! 4500 Bitcoins has send to coinbase pro (Read 213 times)