Post
Topic
Board Bitcoin Discussion
Re: Someone just bought 12000 Bitcoin on coinbase wonder why?
by
7788bitcoin
on 07/04/2021, 17:57:22 UTC
Someone just bought 12000 Bitcoin on coinbase
This is just a shake out of weak hands, don't get folled here Wink
Why is that when everyone purchase large quantities of bitcoin you and some think that the weak are shaking off their coins, first and foremost the miners are holding huge number of coins and they offload them to maintain their smooth functioning and they usually book their profit when the price of bitcoin is rallies as some of them are holding their coins for years for this rally.