Post
Topic
Board Speculation
Re: Address 36png4nUpGkCrYnRXNR4PMSRFEgGadmh8S sent -25,160.31BTC to coinbase
by
GregH37
on 06/06/2019, 05:31:49 UTC
https://bitinfocharts.com/bitcoin/address/36png4nUpGkCrYnRXNR4PMSRFEgGadmh8S

This address sent 25,160.31 BTC to coinbase a few moments before this dump. Was he the cause or did he have information about this possibility of correction?


You see why I always tell people that this market is seriously unpredictable, I expected a correct right, but I didn’t expect it to fall us below $8k, and when I saw it I knew someone must have moved a very huge amount of BTC off the market and that could really be it, nobody knows.

I think 25k BTC leaving the market is quite a very big dump, and I hope this will not create panic sell for people, but I believe investors already understood this time of situation, and instead of panic selling, I think it was the right time to buy because the market will surely rebound. I expect it to rebound speedily if don’t get more of this type of pull out.