Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Whale Withdraws $89M BTC, Despite Bloody Market
by
friends1980
on 23/11/2019, 13:42:26 UTC
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!

Hear hear. Who are these whales exactly, and wouldn't there be a teeny weeny chance that people have panicked by the Binance raid news, for instance, or maybe just some others withdrawing fiat money for Black Friday. Who'll tell.