/biz/ - Business & Finance

>>15869400
what is the point of this?

>>15869426
top wallets (people and companies who matter) are accumulating

it's implied that they're scooping up whatever they scare the normalfags (reddit) into selling

>>15869400
Oh nice I’m in top 1000 people in the world with that many chainlink

>>15869400
Is this link or BTC?

1k links at a top what percent wallet?

>>15869400
Top 1000 wallets scooping links from weakhanders. Is this top1000 wallet ATH at 828,000,000?

Binance moved 2M links from their cold wallets but those were redistributed amongst top 100 wallets so whales are still accumulating

0x11e51b2aa387a2e2d13cbcdf99d81c8c92c70869
0xc1da8f69e4881efe341600620268934ef01a3e63

0xc6bed363b30df7f35b601a5547fe56cd31ec63da

0x17125b59ac51cee029e4bd78d7f5947d1ea49bb2

Those wallets are very likely big players accumulating unless they are exchange wallets.
Top 1000 wallets dumped some.
sub 1k bought some.
but all the major movements were between top 100 wallets.
Im expecting a huge dump but i dont see any sign of whales unloading bags on retail buyers unless binance is unloading their bags on the top 100 wallets.
Opinions/analysis are welcome

Wallets are NOT people. One person can own many wallets. One wallet can be owned by many people (e.g. a company). Therefore you can not make any reasonable deductions from changes in wallet holdings.

>>15869783
This. Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>>15869906
thx . Just sold 100k

Thanks for the info anon!

>>15869442
Well it's been shit for about 2 fucking years now dude they must be doing some intense accumlation