Quote from: franky1 on December 18, 2018, 12:10:27 PM

its not a "user speculating"
its an exchange organising its cold store

the only speculating i see is the social drama of the reddit poster and this topic creator

exchanges have always been organising its coldstore daily for years
so many examples.. heres one
https://www.blockchain.com/btc/tx/33b2d09f26364cde78982079f99ae585688c7f96fc6497ef9e59a0fa2f434dae
this is an exchange re-accumilating its cold stores into one main address after reorganising

there are many other examples.. just the other week people were screaming about "6k moved" "66k moved" "8k moved"
which were all the same thing

so relax its not user movements. its just exchanges doing what they do regularly

It was my first inclination as these threads seem to pop up every few weeks. Even if it wasn't an exchange it wouldn't really enable us to draw any conclusions. It could be both a positive or a negative or even a complete non-event. I think if you're trying to connect the dots between bitcoin moving between wallets and bitcoin price movements then you're going to come up cold and you should consider looking elsewhere.