Post
Topic
Board Bitcoin Discussion
Re: at binance from March, 12 up to now someone spent 600 mln usd to buy btc
by
noormcs5
on 12/04/2020, 07:17:17 UTC
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?

Why would you like to know who bought this high amount of bitcoins. Remember the whales (Group of people who have large amount of BTC and USD), often buy or sell more than usual to keep the manipulation and move the market according to their plans. This is nothing new and you will never be able to find out those individuals or group of people.