Post
Topic
Board Bitcoin Discussion
Re: at binance from March, 12 up to now someone spent 600 mln usd to buy btc
by
Kupid002
on 12/04/2020, 15:49:09 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?

Source of that information?
Why asking us who? You are the one who make this statement without providing us proof that its really happening. Not even pointing out where did you hear that news.


If you see daily volume increase in the exchange it doesnt mean he is single persons accumulating Bitcoin.

Its normal for trader's individual traders to buy when there's a blood on the street.


There is a fomous qoute for trader's .
The time to buy is when there’s blood in the streets.


and thats is the only reasons why the price increase.