Topic: hmmm fishy - page 2. (Read 365 times)
Not fishy at all. If I am not wrong, there was post regarding this earlier too on the forum. Maybe in Beginners board, I don't remember now. So maybe this guy or organization had their crypto in different wallets and now they decided to keep it one as they are done acquiring enough Bitcoin. Some people claim it's Robinhood, I don't know if that's true or just a speculation however if they are holding this much Bitcoin, most probably it's people's money.
OP It's not fishy; transactions like that happen every day. Maybe some whales or exchanges changed their wallets for security reasons or just moved from an existing wallet to a new one.
and transaction amounts are also not very big, like 5000 BTC-7000 BTC, which is normal for a block.
You are just overthinking a transaction because of the recent bitcoin pump.
and transaction amounts are also not very big, like 5000 BTC-7000 BTC, which is normal for a block.
You are just overthinking a transaction because of the recent bitcoin pump.
Hello everybody
this wallet transaction was made before BTC get higher !!
This address has received 32,600 BTC in the last 2 days
[..snip..]
Strange isnt? its like they knew it would be more than 25K as it was for the last few days
who are they anyway?
any thoughts guys?
this wallet transaction was made before BTC get higher !!
This address has received 32,600 BTC in the last 2 days
[..snip..]
Strange isnt? its like they knew it would be more than 25K as it was for the last few days
who are they anyway?
any thoughts guys?
Unless you really know who the person behind that address, then you can say that it is fishy. But who knows, that's only an address and we can't deduce who are the person/s with that addresses.
Maybe it was just an exchange, or some big whales consolidating everything.
So there's nothing strange on that one, there could be others too who move their bitcoins without seeing the big incoming movement.
OP be there is nothing fishy about the transaction. There is every possibility that wallet or transaction might belong to and exchange or a whale who is moving his or her assets from and old wallet to a new one as the case maybe. Often times, they change vaults regularly for the safety of their assets because when such amount of assets stays too long in a particular wallet there is every tendency that such wallet would be a target looking at the recent happenings surrounding wallet hacks. So therefore I assume they moved it for safety.
Talking strange about a mere movement of assets is just a speculation as that does not explain the main reality of what an transpired but if there is anything attached to this assets movement, do not bother because in less than no time, the truth about such wallet and it's transaction would be revealed to the community.
Talking strange about a mere movement of assets is just a speculation as that does not explain the main reality of what an transpired but if there is anything attached to this assets movement, do not bother because in less than no time, the truth about such wallet and it's transaction would be revealed to the community.
The Grayscale ETF ruling is really generating and pricking investors thoughts lately and any big move just before or after that ruling has been attracting suspicion and speculations and this very transaction should be of no difference either. I think people are just excited over nothing (ruling) yet approved.
I saw some discussions about this address and the 32,600 BTC, and it seems that some beginners in X think that such transactions seem fishy, but they happen all the time. During the 24 hours, the volume of Bitcoin that was traded was 1,144,202 BTC, and when we compare it with 32,600 BTC, we will notice that its impact on the price is limited if it was purchased recently and was not a transfer between the addresses of one of the whales.
Quantities of more than 100,000 Bitcoin are what may affect the price, and even these quantities will not have an impact beyond changing the price direction.
Quantities of more than 100,000 Bitcoin are what may affect the price, and even these quantities will not have an impact beyond changing the price direction.
Coincidence is a big talk though, I'm on OP here being fishy but that's all there is to it, I mean there's people out there that's good in trading and such so I won't be surprised that things like this happen plus it's not really our business if that address really has something to do with the rise in price last night (in my TZ), what you gonna do about it if we know about it early on? Stop them?
It is just speculation and nothing but it, it can easily be that the Wallet owner decides to have a change of wallet address one way or the other or even trying to consolidate all of them here just for his security, properly his recovery phrases seems compromised or he can’t find them and then is taken precautionary measures before anything happens. The other valid reason could be he set out that 25k price target that he is gonna buy this amount when it comes. All this are part of the plan for some investors for the upcoming bull run and probably nothing more than that.
It is not that easy to determine whose wallet address it is. It can be a coincidence that the transaction were made just before Bitcoin pumped. Looking at the amount of Bitcoin this wallet holds, the best guess could be an exchange wallet. I don't think there is anything fishy around the transactions made before the grayscale announcement.
Coincidence is a big talk though, I'm on OP here being fishy but that's all there is to it, I mean there's people out there that's good in trading and such so I won't be surprised that things like this happen plus it's not really our business if that address really has something to do with the rise in price last night (in my TZ), what you gonna do about it if we know about it early on? Stop them?
It is not that easy to determine whose wallet address it is. It can be a coincidence that the transaction were made just before Bitcoin pumped. Looking at the amount of Bitcoin this wallet holds, the best guess could be an exchange wallet. I don't think there is anything fishy around the transactions made before the grayscale announcement.
A wallet address sending/receiving a certain amount of bitcoin doesn't necessarily mean the wallet address owner bought the bitcoin at that specific time. Without going full chainalysis on the wallet/transaction, this could simply just mean that a person/entity/exchange moved some bitcoin to another wallet address for whatever reason.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
I don't see it as fishy. The amounts are similar, around 5-6 bitcoins per transaction. Can't it be an exchange consolidating or something?
I understand that you think it's someone who had information beforehand about the Grayscale ETF ruling and took advantage of it to buy, but it seems to me that there are other, less conspiranoid explanations.
If we saw the bitcoins move indicating a sale, I might think that this is the case, but it seems to me that we can only speculate.
I understand that you think it's someone who had information beforehand about the Grayscale ETF ruling and took advantage of it to buy, but it seems to me that there are other, less conspiranoid explanations.
If we saw the bitcoins move indicating a sale, I might think that this is the case, but it seems to me that we can only speculate.
Hello everybody
this wallet transaction was made before BTC get higher !!
This address has received 32,600 BTC in the last 2 days
https://i.redd.it/ar7n0tvxzzkb1.png
Strange isnt? its like they knew it would be more than 25K as it was for the last few days
who are they anyway?
any thoughts guys?
this wallet transaction was made before BTC get higher !!
This address has received 32,600 BTC in the last 2 days
https://i.redd.it/ar7n0tvxzzkb1.png
Strange isnt? its like they knew it would be more than 25K as it was for the last few days
who are they anyway?
any thoughts guys?
Jump to: