Someone has been moving 6.5k BTC around. Can anyone help me explain what is going on? I believe they are using BTC to buy altcoins on Bittrex, but I'm not sure.
Large transactions
Lucas Perez
Luke Hill
Wait.
The money was just transferred to 17A16QmavnUfCW11DAApiJxp7ARnxN5pGX
That's Poloniex's address. See:
bitcoinwhoswho.com
Angel Ross
100% will market sell ALL at once
Landon Roberts
poloniex has no volume retard
if true, means hes going alt shopping
Charles Flores
But as far as I know you can't sell BTC for fiat on Poloniex. I think they're going to pump altcoins.
Nathan Lee
>if true
It's 100% true, just look at the TX yourself
blockchain.info
Then:
bitcoinwhoswho.com
Owen Clark
nice find
Christopher Walker
Since it's Poloniex I think we're looking at a Ripple, Eth, Monero, or Stellar pump. Or maybe all of them.
Justin Price
Man if i was him i wouldnt risk sending so much in one transaction, if i make a typo somewhere or something, i would shoot myself in the head
Brody Powell
altseason has begun fagets
Nathan Smith
ctrl c the deposit address... ctrl v into the software
ctrl c the address you pasted, ctrl f on the deposit page to see if it matches. literally can't fail
Samuel Morris
also people with this much btc wouldnt have more than 5% of their net worth in crypto
Lucas Hughes
I get what you mean but it's not that hard to double and triple check before you send it
Owen Evans
Couldn't this just be the exchange itself?
Kayden Rodriguez
poe's laws in action
Blake Hill
once you have done a bunch of times and learn how to work the copy and paste function, do a visual check with your eyes its not a worry
Luke Myers
my check is to copy one last time then ctrl+f the paste and see if it finds it.
Jace Perez
So Poloniex / Circle just got a decent chunk of BTC moved into it.
They could be alt coin shopping, or Poloniex is going to be announcing their own token similar to BNB and they are getting ready to rape you mother fuckers.
Nathan Johnson
Vechain also has a talk tonight at Harvard. Same location as Circle HQ. Breyer is connected to Vechain, Harvard, and Circle.
So there's that.
Bentley Lopez
Could be poloniex buying up large amounts of VEN with the BTC
Lucas Kelly
This is the sort of autism I love.
Great job guys and OP.
Asher Powell
poloniex viral marketing
Caleb Powell
Posible prevision de demanda de btc. Estan transfiriendo de la caja fuerte al mostrador.
Subida inminente.
Joseph Young
mtgox.
lube up OP
James Campbell
Vet>fiat on the way?!