Scenario 1: He bought it at a higher price and withdrew it while Bitcoin is on a bloodbath.
Scenario 2: He bought it at a lower price years ago, and withdrew it without even have to worry about the bloodbath.
If there would be another scenario, what would it be? Can you share it here guys? Thanks in advance!
Scenario 3 Coincheck moved some bitcoins from one cold wallet to another.But that doesn't match the whole bloodbath scenario, whales are manipulating the price, we must find a culprit for the dump and hang him, right?
If there is a huge transfer in the blockchain, there must be some illuminate doing some funny business.
Seriously, stop following whale alerts. 99% of them are useless stuff!
Spot on.
Remember the fuss last week about "spam" transactions and it turned out an exchange was simply trying to consolidate all their dust?
Because bitcoin is pseudonymous, we simply don't know what is actually happening when coins move from one wallet to another.