Author

Topic: Someone buying thousands of BTC on Bitstamp, HUGE bids of over 1000 [btc]... (Read 946 times)

sr. member
Activity: 462
Merit: 250
most likely a hedgie or a family office buying here
sr. member
Activity: 248
Merit: 250
Actually it is a big deal, about to smash $600. Watch the trades, massive buying going on. Even using fake ask walls to get pikers to give it up. Definitely accumulation by a very large investor taking place. I have 26 years experience in equities and the pattern here is clear. Now eating through another 1000+ coins at 599 like Paula Deen going down on a stick of butter...
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
That could be Chinese? They are buying in thousands every hour.
legendary
Activity: 1876
Merit: 1295
DiceSites.com owner
Just big (fake) buy/sell walls nothing special :p

edit: I mean you can see this all the time, just a big trader.
member
Activity: 101
Merit: 10
just been removed, must have got cold feet
member
Activity: 70
Merit: 10
Government bailout of MtGox [Edit: I want to make sure you know I am being sarcastic. I am like that and should include a  Grin]
sr. member
Activity: 248
Merit: 250
Any ideas who is accumulating such a huge amount? Hedge fund? Financial institution? Looks like the big boys think this is the bottom and want in and the price is reflecting it...
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