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/biz/ - Business & Finance

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10496298 No.10496298 [Reply] [Original]

I’ve been tracking tokens given to members of the team and key contributors.

Somebody sent 278,500 tokens to an exchange 5 days ago

https://etherscan.io/token/0xd26114cd6EE289AccF82350c8d8487fedB8A0C07?a=0xaea0ac136fdca312021e70c7aa3e08d65645ad3f

>> No.10496315

Where does it say which exchange it went to?

>> No.10496331

OmiseGooked

>> No.10496334

>>10496298
Nano reloaded.
$1 eoy

>> No.10496358

>>10496298
And how do you know that it's a team wallet?

>> No.10496382

>>10496315
Erc20 Token Txns

(it's Binance btw)

>> No.10496392

Someone sent 500k Omise to that wallet just a couple weeks ago. Transaction only cost 13 cents.

>> No.10496487

>>10496358
https://etherscan.io/token/0xd26114cd6EE289AccF82350c8d8487fedB8A0C07?a=0x9518b07bb65ff98550ab7ad2756b415c7285cc19

This is the 9.6 million tokens that were distributed to the team and where they went.

>> No.10496555

>>10496487
I haven't wallet hunted before thanks. Really hope this project can right it's self at some point down the road.

>> No.10496557

>>10496487

I guess we will find out real soon if they start dumping on us

>> No.10496659

>>10496557
It hit the exchange wallet 5 days ago. They have likely already started selling slowly. I'm not sure how many OMG tokens get sold on Binance in a day but 278500 is a lot so they would have to sell very carefully.

The question really is why are they selling. Need money to buy a house? Or do they think this is the best price they'll be able to get so there' no point in holding.

>> No.10496676

>>10496659

275k is about 1.5mm dollars. Maybe they just want money and want to be done with crypto. I dont think its exclusive to OMG, shit if I had 1.5mm Id sell it too, maybe keep 20% of it.

>> No.10496696

>>10496659

Good question. If I had been working on a project for a year and finally got paid. I would have to sell at least 200k worth for my time and effort. At least set yourself up with a car and place to live. It may also be an exit scam but I don't think so with this project.

>> No.10496702

>>10496659
dog grooming fees and female empowerment classes

>> No.10496708

>>10496696
But you would think they are paid a regular salary on top of these token bonuses, no?

>> No.10496729

>>10496708

Possibly from Omise the company but I doubt it is anything much. More than likely, just big chunks of tokens from the project.

>> No.10496739

>>10496676
Well Vitalik sold like half his ETH stack at $7 or something. I'm sure he still believed in the project.

>> No.10496810

The odd thing is that he only sells it now, in the middle of the dip. It seems as though he expects the price to go much lower.
And i would assume/hope he's selling very slowly. A quantity like that with such small daily trading volume could really hurt the price.

>>10496659
>Or do they think this is the best price they'll be able to get so there' no point in holding
I personally follow this project very very closely, especially the technical aspect. And i would be extremely surprised if he really thinks it's not worth holding at the moment. Someone holding as much as that is probably very well informed on how the project is going. So maybe he's only selling a small portion of his fortunes for personal reasons?
Or perhaps he really is losing courage... But that makes him one of the very few whales who are actually selling.

>> No.10496860

>>10496298
>>10496810
Oh wow, i just realized it's someone from the OMG team.
In that case, it kind of makes sense for him to want to see some cash. It's a life changing amount of money.

>> No.10496877

>>10496696
>exit scam but I don't think so with this project
They have delivered dog shit up to now.

>> No.10496899

another chink scam that expects ICO money and a bunch of tokens theyve printed for free.

yet another reason to avoid all funding tokens

>> No.10496939
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10496939

it's going to $3

then to $1.50 eoy