Post
Topic
Board Bitcoin Discussion
Re: New whale bought $3 billion dollars worth of Bitcoins..
by
ScamViruS
on 16/08/2022, 19:31:08 UTC
I wish journalists would take two seconds to actually understand what they are writing about.

There is no new whale, all those funds sitting in the new address:
https://bitinfocharts.com/de/bitcoin/address/1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd
have come from here:
https://bitinfocharts.com/de/bitcoin/address/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ

You can see pretty well all the movements:
1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ>1FzWLkAahHooV3kzTgyx6qsswXJ6sCXkSR>1LQoWist8KkaUXSPKZHNvEyfrEkPHzSsCd

And no, that's no new whale and no older whale, that's Coinbase (the company) wallet and they are just moving funds to a new adress.


After seeing the transection, the journalist published the news without any verification. And since I saw the news on a popular news portal, I also thought that the owner of this address is really someone. For what purpose the journalist has published this news, he probably knows well, otherwise how could they not identify the coinbase address. And I also thought that any company owns this address, finally it turns out that coinbase owns this address.