at binance from March, 12 up to now (April, 11) someone bought bitcoin and spent 600 mln usd to keep bitcoin at price from 7,200 up to current 6,800
all people there sell bitcoin, and someone bought all this btc, total cost of purchases are about 600 mln usd
Delta between btc that was sold and was bought - about 100 000 btc
any ideas - who, why?
I don't think "someone" is buying this much of bitcoin. It is probably a group of deep-pocket investors who are overtly bullish about the bitcoin's future, are buying! However, I am still not able to find any credible source of your information. If someone had bought it, that would have become a news in crypto news websites, but apparently no one took notice! Most probably it is a group of investors who bought bitcoin but it seems like there are also sellers who sold this amount of bitcoins at the current price level. Big reason to worry?