Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Addresses showing 100000's of transactions
by
elisacat
on 26/12/2020, 21:50:46 UTC
is there any legitimate reason that someone would do this?

From the top of my head one such example could be deposit addresses at exchanges, especially for those using arbitrage bots.
The exchange uses the deposited funds for other customers' withdrawals, hence you'll see a big mix-up of transactions.
And in many cases the user has one and same deposit address, hence all his deposits will always go there. If he uses huge number of deposits for arbitrage, maybe you can get to see this.

Interesting that makes sense.