Topic: Be careful ! 4500 Bitcoins has send to coinbase pro - page 2. (Read 254 times)
Everyone has their timings, entries and exits where they will react. Why are you here? You also looking for profits right? So what’s wrong if that person is going to sell their coins when the bitcoin is pumping. Anyways if they are selling then someone will buy it so that equilibrium would be maintained ahead and someone other would be owner of such mega number of bitcoins. They will continue to hold ahead so that they can wait for another ATH. So just relax and sit back and watch the game here.
If you look at whalesAlertBot you will actually realize that transactions of bitcoin amounts with that amount are common every day. Even this morning, I saw even more bitcoins being sent from Gemini to privat wallet. which means whales finished buying or moving their bitcoins from the exchange to a private wallet.
an example of a recent transaction
6,002 BTC ($125,720,950) transfered from Gemini to Unknown
TX - link
4,002 BTC ($82,864,290) transfered from Gemini to Unknown
TX - link.
6,002 BTC ($125,005,910) transfered from Gemini to Unknown
TX - link
this transaction happened in just a few hours back. you will find more in the future or in the last few hours longer. so just get used to it yourself.
don't panic because there are large amounts of btc sent from personal wallets to exchanges. because it turns out that many also send from the exchange to a personal wallet. but indeed this can be a sign of a price in the market. but still a thorough analysis from both sides.
an example of a recent transaction
6,002 BTC ($125,720,950) transfered from Gemini to Unknown
TX - link
4,002 BTC ($82,864,290) transfered from Gemini to Unknown
TX - link.
6,002 BTC ($125,005,910) transfered from Gemini to Unknown
TX - link
this transaction happened in just a few hours back. you will find more in the future or in the last few hours longer. so just get used to it yourself.
don't panic because there are large amounts of btc sent from personal wallets to exchanges. because it turns out that many also send from the exchange to a personal wallet. but indeed this can be a sign of a price in the market. but still a thorough analysis from both sides.
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.
If this is all about CDD then that's the indicator that there is coming huge price dump?
How about those dormant Bitcoin are Bitcoins owned by Coinbase pro? So there is also a big possibility that they know that there are coming huge buyers?
No one knows actually what will happen to Bitcoin price those metrics are inflows and outflows that you get from Glassnode/Cryptoquant is just a metric you don't even know if those coins are owned by exchanges and maybe they’re just preparing for the coming bull market.
Don't worry too much because that 4,500 Bitcoin is nothing if you'll compare it to other transactions that were in and out in popular exchanges.
There are more huge Bitcoin transfers from exchange to unknown wallets or vice versa than the larger amount you posted.
Follow the Whale Alert Twitter account and you will find out more Bitcoin transfers. Recently transferred, 6,002 Bitcoin to Gemini exchange from an unknown wallet.
Just stay calm, though Bitcoin has struggled on pumping the price, at the end of the day, there will be another ATH again.
There are more huge Bitcoin transfers from exchange to unknown wallets or vice versa than the larger amount you posted.
Follow the Whale Alert Twitter account and you will find out more Bitcoin transfers. Recently transferred, 6,002 Bitcoin to Gemini exchange from an unknown wallet.
Just stay calm, though Bitcoin has struggled on pumping the price, at the end of the day, there will be another ATH again.
I did not understand what is strange about it or what calls for dread and fear? Four thousand and five bitcoins do not represent anything in the daily trading volumes and therefore will not change the price except by ten percentage points, which are easily liquidated daily due to the aspects of supply and demand.
If we're talking about 45,000BTC or even that Luna crafted, which might represent 80,000BTC, then you'd expect 1/20 of the previous change to happen (assuming everything goes unplanned).
If we're talking about 45,000BTC or even that Luna crafted, which might represent 80,000BTC, then you'd expect 1/20 of the previous change to happen (assuming everything goes unplanned).
Bitcoin currently has a trading volume of over $17 billion, someone moving around 4500BTC to an exchange is not reason enough to declare a warning for other Bitcoin users. The market can take such liquidity without a significant impact in the price, especially if it's done OTC.
Coin days destroyed, could factor in, if this sort of transaction occurs on a large scale and could indicate lots of old users are liquidating, but an isolated case would not much affect trader sentiments.
Coin days destroyed, could factor in, if this sort of transaction occurs on a large scale and could indicate lots of old users are liquidating, but an isolated case would not much affect trader sentiments.
This amount may only dump one exchange, it is impossible to damage the marketcap and bitcoin volume as a whole. even, if this owner making an arbitrage to several exchanges, then there is no significant decrease in each exchange. So, there's nothing to be afraid of with the transfer, this is small amount for current market. (IMO)
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.
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 you are worried about 4500 old BTC (less then $100 million) being traded then you are a very skittish investor.
For all we know that person just moved it and put in a sell order @ $35000 and will keep an eye on it because they think in the next few weeks there will be a 50% bump in price.
Or they were worried about something else and moved it there to move it someplace else.
Or they want to have a bunch of liquid BTC so they can sell @ $22000 and buy back @ $20000 and sell again @ $22000 because they think that it's going to be cycling between the 2 for a while and want to keep making 8% to 10% during those cycles.
-Dave
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.
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 you are worried about 4500 old BTC (less then $100 million) being traded then you are a very skittish investor.
For all we know that person just moved it and put in a sell order @ $35000 and will keep an eye on it because they think in the next few weeks there will be a 50% bump in price.
Or they were worried about something else and moved it there to move it someplace else.
Or they want to have a bunch of liquid BTC so they can sell @ $22000 and buy back @ $20000 and sell again @ $22000 because they think that it's going to be cycling between the 2 for a while and want to keep making 8% to 10% during those cycles.
-Dave
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.
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.
Hopefully they will sell so we can buy them cheap coins. In the long run bitcoin can only go one way, up. It is because of its deflationary nature. Those who are selling now will be sorry in a year or two. If they are selling for a profit though, I can't blame them. A man has to enjoy a lambo when he can. If they are selling for a loss though, their loss...
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.
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.
Hopefully they will sell so we can buy them cheap coins. In the long run bitcoin can only go one way, up. It is because of its deflationary nature. Those who are selling now will be sorry in a year or two. If they are selling for a profit though, I can't blame them. A man has to enjoy a lambo when he can. If they are selling for a loss though, their loss...
Do not just post anything like this without any backing or any news backing it.
The price of bitcoin dipped further since weeks back, exchange inflow is normal because people wants to sell their bitcoin at the time.
Include the link and the time you are talking about that the amount was moved from a wallet to coinbase pro.
The price of bitcoin dipped further since weeks back, exchange inflow is normal because people wants to sell their bitcoin at the time.
Include the link and the time you are talking about that the amount was moved from a wallet to coinbase pro.
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.
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.
Jump to: