/biz/ - Business & Finance

4K wallets disappear the same time millions of link enter the exchanges. What gives?

>>20125150
I personally shoved 19 wallets into one.

>>20125172
It’s called dumping a dead scam anon

>>20125150
its funny you can kill any link topic by posting this link showing that 2/3 of the currency is not circulated
https://etherscan.io/token/tokenholderchart/0x514910771af9ca656af840dff83e8264ecf986ca

>>20125172
millions of link were held in the wallets owned by exchanges

what is there hard to grasp

>>20125172
So people that each hold a few thousand link are selling.... So? Small weaklings never mattered.

>>20125150
>>20125172
Shaking out of weak hands

>>20125172
It's the ultimate PnD, sort of like XRP was in 2017. True value won't come through for a couple years, sort of like XRP went through.

We know the link to binance was largely from binance's supply, so I have to guess I think its people moving their link to huobi in anticipation of huobi offering staking.

>>20125180
Totally normal

>>20125150
guess what: op is a faggot

>>20125217
It's people moving it into balancer/uniswap pools and other defi protocols desu

>>20125213
what are they preparing for?

I moved 4 wallets into 1 myself in preparation of staking

>>20125150
Probably has something to do with the EIGTH rejection of $5.

Shits going down. Hard.

>>20125150
Because there is a faggot on twitter with thousands of followers called chainlinkjunkie whos followers wait on every word and he told them all to sell yesterday. Hes a scammer whos been exposed, they are all going to get rekt sooner or later thankfully and when they do eventually, they'll leave link for another flavour of the week coin and miss the real bull run

>>20125346
These faggots are getting out of control. Finrekt and chainlinkgod are the only ones worth following, rest of these retards need to go back

>>20125346
>they are all going to get rekt sooner or later thankfully and when they do eventually, they'll leave link for another flavour of the week coin and miss the real bull run
we can only pray this is the case.

>>20125459
he's right though

>>20125603
he is not its not 5months resistance its yearly resistance

>>20125603
shut up junkie

>>20125459
i feel dumber just reading this garbage

>>20125459
sounds like that "maximum shhhhh" nigger that was tripfagging around here a year or two ago who was literally always constantly wrong and newfags and nonwhites kept listening to him rofl

>>20125459
This desu, super cringe. Full of larpers with suicide stacks

>>20125712
I forgot about that guy

>>20125636
I was saying that to him directly on twitter until i got banned for my third and last time, cant be arsed going back on.. as link twitter is full of normies, swingies and faggots now unlike before when it was based. The new link accounts have been talking about purging og link accounts and breaking away from all link 4chan ties...all a bunch of normie cunts coming over from xrp now thinking they are the shit

>>20125188
Okay, and?

WHY KEEP IT ON A FUCKING WALLET WHEN YOU CAN SWINGTRADE IT AND MAKE BANK RETARD

>>20125712
shhhhh