at these prices
I know! Waitin' for payday here.
https://coinplorer.com/CGB See number one wallet, it had not made any transactions for 3 months and now this.
It seems that the elephant in the room has offloaded almost 10kCGB. I'm not sure if this is a major factor in the price action, but I am so happy to see this! We could use a good cleaning out, as bad as it feels when you have put money in, we are presented with more opportunity. This is healthy market action and it plays a major part in further distribution of CGB. I say please sell us more CGB!!!
We need to take advantage of these market conditions for our advertising campaign. I would like all hands on deck for next week, we need to start taking it to Doge and helping them to make wise choices and balance their portfolio with an interest bearing, low inflation, CGB account They will be inclined to use their newly found wealth to buy up undervalued assets, at least that's my theory.
EDIT: Ummm.. I just looked at the actual rankings and the top3 didn't show this wallet https://coinplorer.com/CGB/Addresses/5i569esYbR7FjUTCJFwegMBzJA2XxXFBzm
Can someone explain this please. ... what is this? Could it be the Cryptsy hot wallet taking in a real dump from big players? Anyone know how to investigate the blockchain to see what clues we might get?
What % of CGB is held by the top 10 wallets? If one wallet has close to 20% of the total CGB outstanding than the distribution is pretty bad. Digging a little deeper I believe that one person has about 280K of all CGB, but it looks like they are just consolidating it to one address. That's huge!
I don't know, but I am not really trusting this data right now, look at this wallet:
https://coinplorer.com/CGB/Addresses/5TdFnevWWY3WU7rQajYKtSuicCZM2v4HZE
Look at all the transactions out (or in) and roughly sum them up. I end up with roughly 38k spent vs. 270k that are shown. Am I missing something important here?