The BTC dump today was completely manufactured:
About 20-30 mins before the dump, a whale moved 25k BTC (worth $215M) to Coinbase.Link
About 20-30 mins before the dump, a whale moved 25k BTC (worth $215M) to Coinbase.Link
that's not coinbase. it's xapo, a hosted wallet. these coins weren't dumped.
https://www.walletexplorer.com/wallet/Xapo.com?from_address=3D9Gi4JsBaFRfyyDHiC3QM4o3zreV6oD4G
About an hour after the dump, a whale moved 14k BTC (worth $112M) from Coinbase to another wallet: Link
the 14k BTC (from xapo, not coinbase!) was moved to an unknown wallet, where it never moved again. if they were sent to an exchange hot wallet, they would have been swept. these coins weren't dumped. it rather looks like a xapo cold storage transaction.
40 mins after that, a whale moved 11k BTC (worth $88M) from Coinbase to another wallet: anchor
this looks like another xapo cold storage transaction. the coins came from xapo's hot wallet and never moved again.
https://www.walletexplorer.com/wallet/Xapo.com?from_address=3Nw96PpfFoiM863pEvWXyKpee9TFdCEV5G
https://www.blockchain.com/btc/address/1Hm9vfrEX7Gyjz2Nhi3McQ34PryLDHGrCq
who is running whale-alert.io and where are they getting all this inaccurate exchange wallet data?
