79k is my target
Topic: Someone just bought 12000 Bitcoin on coinbase wonder why? (Read 419 times)
These guys know what they doing when they buy 12000 bitcoin at 58k
79k is my target
79k is my target
If such a huge number of BTC was bought, it could have pushed the price at much higher level. 12000 BTC is a big number. I don't think anyone will be able to buy so much with fiat. He must have used usdt which means no new money into crypto.
yes i wonder why thats why im here but your link was just a chart lol i thought your going to provide reasons for the buy up . let them weak hands sell no problem as long as they earn but itl be a real issue if what happen was a sell out instead of buy out and weak hands also sell because not only they can loose but it also contribute on the fall of the price . i check the price just now but no major dumps so far . where are those weak hands , did they learn already ?
There's no need for the OP to provide a reason for investors to buy up because whenever it a bullish market like this a lot of tricks are usually used by the market manipulator just to shake off the weak hands but sometimes some of those that sold their holding are not weak but the whale's decision followers.In the end, it all depends on each individual knowledge about the market.
I am more interested in the question of why they chose coinbase as a platform for buying so many bitcoins
Its the same way Elon Musk and Michal Sayler did, Michael showed them all how to do it, so they follow his websites guide
I am more interested in the question of why they chose coinbase as a platform for buying so many bitcoins
It could be a corporation we don't know what is the reason on buying that much.
But most of the time they are using this kind of move to create FOMO so it isn't new to us.
Just make sure that you wouldn't caught up of it and learn to DYOR before investing.
But most of the time they are using this kind of move to create FOMO so it isn't new to us.
Just make sure that you wouldn't caught up of it and learn to DYOR before investing.
Someone just bought 12000 Bitcoin on coinbase https://cryptoquant.com/overview/full/413?window=hour
This is just a shake out of weak hands, don't get folled here
This is not new as we have seen in the past that people who have funds and prefer to invest in Bitcoin have already spent billion in Bitcoin investment.As said above by one of member that this bulk order was not individually placed so it is clear that it's combined output for all individuals on coinbase.Even if it was it would be simple news these days.Tesla invested $1.5 billion and bought 48000 Bitcoins in their custody.So it is just a little amount for billionaires to invest some portion in bitcoin as they are always ready to invest in high yielding assets.So don't be jealous of other investments but be part of Bitcoin with any amount you can afford to invest. This is just a shake out of weak hands, don't get folled here
The amount of people reading only the first post and replying randomly is incredible.
This is total same way Elon Musk buy, so who know could be him again, one thing sure someone buying big at 58k.
It's a transfer, not a buyout. And besides, this purchase is not indicative of what most of you may call as "shaking of the weak hands". It's pretty much just bitcoin being transferred to a coinbase wallet/exchange for all we know. Plus, miners do this on the daily, though not in grand amounts like this, to avoid suspicion, so what makes this situation different from what the miners do on their lunch breaks?
It is obvious that person never knows about it and for sure, he never understands those trading charts and ends up shaking his hands and his head. That might he is panic now and that wanted others to do the same...Hmmm, OP is wanted to make us fool.Anyway, I have to take some break out from the negative mind, even seeing huge transfer makes their mind think about dumps. That only they understand, dump and pump, but they never know how to give trust to Bitcoin's capability.
Investing in Bitcoin to me is a great investment. This is just the beginning of this great technology. The sky is the limit of Bitcoin. I will keep investing in cryptocurrency because I see future in it. Though, anybody investing in cryptocurrency should take proper care before doing so. Volitility is high atimes.
It's a transfer, not a buyout. And besides, this purchase is not indicative of what most of you may call as "shaking of the weak hands". It's pretty much just bitcoin being transferred to a coinbase wallet/exchange for all we know. Plus, miners do this on the daily, though not in grand amounts like this, to avoid suspicion, so what makes this situation different from what the miners do on their lunch breaks?
12k btc that is huge but I dont think outflow indicate a single individual buying and who is ready to risk buying bitcoin at this present price. This could be a movement of bitcoin to other exchange from coinbase for whatever reason.
Nice to see someone just now bought 1400 more btc
I think large hedge funds have invested in Bitcoin and they will use their tricks to collect even more Bitcoins. The large amount of Bitcoins brought into personal wallets has been frequent over the long term. It is interesting to me that the more USDT that is printed, the less Bitcoin is circulating in the market.
Did you look link? i dont think you know what you talking about, it is 100% a single buyer, was all bought at same time within 1 hour.
Yes I did, and looks like you are very smart and know everything so please tell us all what address he used for receiving 12000 Bitcoins and maybe you even know his real name and address also.
I do wonder if you look at the link I posted looking at much bigger picture showing that Coinbase is reducing Bitcoin supply 37.4K in January, 62.1K in February, 46.3K in March and 62.4K less Bitcoins so far in April.
Is it all the same guy?
i can not see what is inside the link.
its surprising. with a huge amount of money, i don't think someone in the right mind will really purchase 12000BTC on coinbase. if they are careful, they would rather be making contact with miners to make a deal between them than making a transaction on coinbase where they have to give up data. but there's always going to be someone out there who doesn't care about privacy.
Somehow this purchase dont surprise me. Why someone bought so much Bitcoins ? Because he wanted to do that and can do that.
When will people stop having heart attacks every time someone make a large purchase or transfers funds, and stop counting other people money. Instead of wondering, I would be happy that such large amount can be bought/moved just with 1 click and without tons of bureaucratical work.
When will people stop having heart attacks every time someone make a large purchase or transfers funds, and stop counting other people money. Instead of wondering, I would be happy that such large amount can be bought/moved just with 1 click and without tons of bureaucratical work.
its surprising. with a huge amount of money, i don't think someone in the right mind will really purchase 12000BTC on coinbase. if they are careful, they would rather be making contact with miners to make a deal between them than making a transaction on coinbase where they have to give up data. but there's always going to be someone out there who doesn't care about privacy.
Somehow this purchase dont surprise me. Why someone bought so much Bitcoins ? Because he wanted to do that and can do that.
When will people stop having heart attacks every time someone make a large purchase or transfers funds, and stop counting other people money. Instead of wondering, I would be happy that such large amount can be bought/moved just with 1 click and without tons of bureaucratical work.
When will people stop having heart attacks every time someone make a large purchase or transfers funds, and stop counting other people money. Instead of wondering, I would be happy that such large amount can be bought/moved just with 1 click and without tons of bureaucratical work.
I don't think this is true, if someone buys 12k bitcoin the prize should go up, but now we see the prize at $56k, I looks more like someone sell that amount of bitcoin. That would explain the crash.
And is a crazy big amount of money, enough to move the markets up and down, but in the end isn't that big if you compare with the number of bitcoins traded in the past 24 hours, the total was 1,325,507 BTC, So, that 12,000 btc only represent the 1% of the market movement.
And is a crazy big amount of money, enough to move the markets up and down, but in the end isn't that big if you compare with the number of bitcoins traded in the past 24 hours, the total was 1,325,507 BTC, So, that 12,000 btc only represent the 1% of the market movement.
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It never indicates a purchase. Exchanges have internal communication in between and they also help one another to solve liquidity issue. Binance CEO Cz once said that Binance provide liquidity to a few exchanges.
So, outgoing tx isn’t necessarily a purchase. And I also doubt anyone would buy 12k BTC at this price. Maybe they would consider buying installment base.
So, outgoing tx isn’t necessarily a purchase. And I also doubt anyone would buy 12k BTC at this price. Maybe they would consider buying installment base.
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