Post
Topic
Board Bitcoin Discussion
Re: at binance from March, 12 up to now someone spent 600 mln usd to buy btc
by
SaShiRaJaVu
on 12/04/2020, 21:37:20 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
Why would anyone planning to accumulate a huge amount of bitcoin send money to an exchange and then purchase the coins, not sure from where you got these information but if anyone is spending huge amounts of money to accumulate the coin they will use the over the counter services which would be much easier of any large whale rather than waiting to purchase from an exchange.