Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
[imghttps://image.prntscr.com/image/4No5MA5kQDuJpSt9YJA-cw.jpeg[/img]
someone sure wants dem bitcoins
someone sure wants dem bitcoins
Actually they probably just want to sell them for a higher price.
... yeah someone has plonked $12 million down to bid up bitcoin so he can get more fiat ...
https://bitcointalk.org/index.php?topic=1512965.0
https://bitcointalk.org/index.php?topic=1512965.msg15222331#msg15222331
I would think after all these years of watching walls, you of all people would understand what they represent.
Elwar commented on that very thread about it 2 posts later.
Edit:
My guess would be they are gathering up large sums of fiat on their short positions they are opening. Getting ready for the weekend dumping.