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Topic: Someone Just Bought $400 Million Worth of Bitcoin (Read 139 times)

hero member
Activity: 1890
Merit: 831
February 19, 2018, 11:18:40 PM
#3
I do think that all the big business men are playing a game with us .. they all are simply buying using everyone's money after collaboration to increase the price of Bitcoins in the market to make huge profit.

They tend to influence Market once in a while and make it somehow centralized.

Now if they cashed out we will be helpless for a while.
legendary
Activity: 3472
Merit: 10611
this is already old news and Fortune.com is just copy pasting it in their website!
and it was already said that this address they keep quoting (3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64) most probably belongs to the exchange called Huobi.com
https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64
member
Activity: 112
Merit: 15
PlusCoin [ICO 10 September-10 November]
An anonymous trader has sunk $400 million—enough to buy New York State’s most expensive home twice with change left over—into the cryptocurrency, raising his or her stake from 55,000 coins to more than 96,000 between Feb. 9 and Feb. 12. And that buy-in is already paying substantial returns.

What spurred these massive purchases, and who was the money behind it?

Source: http://fortune.com/2018/02/19/400-million-bitcoin-anonymous-investor/
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