Post
Topic
Board Speculation
Re: Address 36png4nUpGkCrYnRXNR4PMSRFEgGadmh8S sent -25,160.31BTC to coinbase
by
figmentofmyass
on 04/06/2019, 05:40:26 UTC
large transactions like this one are happening almost every day and that is not even the biggest. the biggest ones in the past week has been 157,457BTC or $1.4 billion and 144,076BTC or $1.2 billion!!! if you think each time someone moves large amounts price should drop then price should drop literary every week and never rise. besides why does your mind directly go towards someone selling? why don't you assume that someone bought that much because of the drop?!!

he thought the coins were sent to coinbase. there's only so many things you can do when you deposit bitcoins to an exchange, especially one that doesn't offer margin trading. mainly, you can sell them. Grin