Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
Just wanted to update everyone here on the hackers funds. He has nearly drained the bulk of XEM. About ~20 mill remaining in the wallet he's draining now. + An additional 16mill that hasn't been moved. Maybe the 16mil is his retirement fund? 
So he's almost out! That is a significant drop from the 130mil he had yesterday!
It sure seems like we would see some price movement upward once he's done flooding the market! Especially with NEM being exposed to so many new people, on Binance. I have been surprised how many traders hadn't even heard of NEM!
So he's almost out! That is a significant drop from the 130mil he had yesterday!
It sure seems like we would see some price movement upward once he's done flooding the market! Especially with NEM being exposed to so many new people, on Binance. I have been surprised how many traders hadn't even heard of NEM!
I'm actually quite amazed that the market has absorbed so much NEM in such a short time and "only" dipped by as much (way too much ofc) as it did.
This really means there is solid backing behind NEM and not some silly day traders that cry about dumps.
Tell me any other coin at this moment that could absorb 5% of the total supply in just over a month the way NEM did (keep in mind, this % is actually much closer to 10% or more if you take into account the NEM foundation holdings and other perma holders since start).