Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CREDITS - New Blockchain for financial industry [OFFICIAL THREAD]
by
buurraakk
on 24/07/2018, 12:54:18 UTC
Another update on the top250 wallets activity:
http://i67.tinypic.com/14dikcw.png

Another 600k CS tokens have been transferred out of KuCoin.
This outflow has been mostly absorbed by the top50-250 holders.


A different theory is KuCoin manipulating the price by selling to itself.

This way the token price can be lowered, by 1 KuCoin bot selling to another KuCoin bot, causing panic amongst traders.

This could be the reason why the outflow our of kucoin goes into large wallets, which could be other KuCoin wallets.
20,666 tokens seems to be the amount in which this transfer takes place.