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/biz/ - Business & Finance


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File: 64 KB, 1227x545, num3whale.png [View same] [iqdb] [saucenao] [google]
50436084 No.50436084 [Reply] [Original]

The third largest BTC wallet just sold 10.5K BTC

>> No.50436095

>>50436084
And he's about to buy 10.5k worth of ETH

>> No.50436120

>>50436095
And short chainlink

>> No.50436139

>>50436120
holy based

>> No.50436149

>>50436084
Who is it? Big commercial miner like MARA?

>> No.50436277

>>50436149
no clue

>> No.50436296

>>50436084
>Source
Trust me bruh

Capcha:SGJSJG

>> No.50436328
File: 39 KB, 656x679, E9621CD4-1AF5-4F4D-B54A-17357D8DEDCE.jpg [View same] [iqdb] [saucenao] [google]
50436328

don't care, also gay, also cope and seethe

>> No.50436394

>>50436084
That's coinbase's cold wallet bro

>> No.50436436

>>50436084
Someone just bought 10k btc

>> No.50436487

>>50436394
no it's not.

>> No.50436879

>>50436084
he just sold 5k more BTC

>> No.50436940
File: 220 KB, 740x1132, 1656805542579.jpg [View same] [iqdb] [saucenao] [google]
50436940

>>50436149
I think you know who it is

>> No.50436962

>>50436394
>he never heard of #3
Hello newfriend

>> No.50436984

>>50436328
based

>> No.50437006

volume doesn't show it anywhere, price didn't crash

do whales sell directly to exchanges or something?

>> No.50437076
File: 391 KB, 1080x2220, Screenshot_20220718-194109.jpg [View same] [iqdb] [saucenao] [google]
50437076

>>50437006

>> No.50437099

>>50437006
They usually sell OTC, anyone posting cex volume is just guessing

>> No.50437282

>>50436328
Absolutely based

>> No.50437377

>>50437006
this is how it works

whale tells exchange he's about to dump 10k btc
says he's sell to exchange at 20k/bitcoin in otc if they buy all of it at once
exchange says ok, wait one sec
exchange pumps price to 22k, and they sell 10k btc
they then buy the 10k btc from whale

if you dont know why its done like this, ngmi

>> No.50437416

>>50437377
Checked. That's how we should do it on the shitcoins.

>> No.50437428

>>50437377
that's not how it works retard, in just a 15 min candle alone 20k btc volume can be passed on binance.
Imagine unironically believing the exchanges control the price this much for such small amounts.

>> No.50437471
File: 505 KB, 3062x1670, coinbase.png [View same] [iqdb] [saucenao] [google]
50437471

>>50436394
>>50436962
>all BTC going to Coinbase
I thought this was the Bog wallet

>> No.50437537

>>50437428
>doesnt know how much wash trading contributes to volume

>> No.50437545

well it mean somebody buy 10.5k btc right???

>> No.50437753
File: 351 KB, 682x954, canada bailing out celsius jewish scam.jpg [View same] [iqdb] [saucenao] [google]
50437753

>>50437076
kikebase soon to be the biggest bagholder of all times, trying to keep the price afloat while everybody are dumping lmao.
Wonder who will bail them out...

>> No.50437838

>>50437545
Nope, just the exchanges with borrowed money. It's all a make-pretend. There is no liquidity, even for bitcorn.
When a real BTC (ie not an OTC deal) dump occur, like the 80K sell-off from LUNA, bitcorn immediately crashed by over $10k.
What does it tells you when somebody selling less than 0.5% of the total supply of an asset is enough to crash the price by 30%?

It's all a scam, there is near zero buying pressure. Once coinbase will be forced to dump their stack to repay their loans and no other entities can absorb it, bitcorn will go below 2k.

>> No.50437844

>>50436084
Exit pump fellas.

>> No.50437882

>>50437844
Pretty much, yeah. We are getting really close of the total collapse of the shitcoinsphere. Actually, it all went under once the pile of dominos started to fall after the terra/luna rug. One after another all the fake money propping up the scam went under, and now this is just a facade. Behind the scene it have been a rush toward the exits.

>> No.50437903

>>50437537
Idk how in the year 2022 there are still people that think most volume is legitimate. Go look at any single shitcoin on kucoin and see it has $500k, $1m, etc. volume. It's legitimately all trading bots lmao

>> No.50438109
File: 811 KB, 1810x1796, bart-vsbart.png [View same] [iqdb] [saucenao] [google]
50438109

>>50437903

people hold a misconception on how Barts work.
pic related
the top diagram is how most people think barts work
the bottom diagram is how barts really work

>> No.50438128

>>50437903
>>50438109
You sound like schizo Q tards, jewish conspiracy garbage, flat earthers, or tether truthers when you talk about "fake" volume. You weirdos should probably be on /pol/, this is a finance board.

>> No.50438143

>>50436149
I cant imagine they would do that with the rally we saw on MARA this week. I would think that they would sooner do an offering and dilute instead.

>> No.50438222
File: 532 KB, 622x675, schizo.png [View same] [iqdb] [saucenao] [google]
50438222

>>50438128

>Instructions: if fake volume is mentioned, shut the conversation down immediately. Do not engage in debate as chances are they already know too much. Just call them schizo and to take their meds

you forgot to tell me to take my meds.
You're getting sloppy

>> No.50438276

>>50438222
You are severely mentally ill.

>> No.50438304

>>50438276

you're just upset because I made the diagram with the Jewish merchant
I can easily replace him with a cartoon chinaman if you'd prefer
both diagram versions would be accurate

>> No.50438318

>>50438304
Bro not gonna lie, ur a weirdo u def get no pussy.

>> No.50438334

>>50438128
(You) sound like an absolute (You) when misquoting the first anon. Bot volume =/= "fake," as you so retardedly summated. Not volume isn't fake, but it is contrived, dipshit

>> No.50438344

>>50438128
You must be a Biden fag go back to plebbit

>> No.50438357

>>50438334
Bot* volume

>> No.50438384

>>50438318
Shut your nigger ass up already

>> No.50438416
File: 62 KB, 1024x576, 1656568400979.jpg [View same] [iqdb] [saucenao] [google]
50438416

>>50438222
I was also there the day STARTER was exposed.

>> No.50438417

>>50438318
>if you're not able to shut it down, attempt to attack their masculinity. 4channers are often insecure about their personal life successes and this should cause them to back down

Is this the time I post a time stamp of my tits?

>> No.50438441

>>50438384
>>50438417
>>50438344
Dilate.

>> No.50438443

>>50438128
>Trading bots are now a conspiracy
Yes yes MEV is a work of fiction too, never even heard of it. Must be my meds.

>> No.50438458

>>50436084
Can some big brained btc whale trader Chad explain to a brainlet poorfag how bad this is? Wallet 3 always seems to buy & sell at the right times, should I be scared? I don't want to sell anything

>> No.50438476

>>50438443
Nobody ever claimed that trading bots don't exist, fake volume schizos are implying that some evil figure is wash trading the majority of the volume, which isn't true. Arbitrage bots will always exist and that is completely legitimate volume.

>> No.50438480

>>50436084
and?

>> No.50438486

>>50438128
back to redd!t, predditor groomer faggot

>> No.50438512

>>50438476
No, I don't claim there's some evil figure wash trading endlessly. But CEX volume, especially on binance with no BTC fees now, is just trading bots spinning in circles. I don't care who owns them but you're deranged if you think BTC volume is at all reflective of open interest. Here's a hint - eth has pumped 50% in a week and gas is still single digits.

>> No.50438521

>>50436084
holy shit this crypto winter will be long and dark.

>> No.50438533

>>50438512
ETH is pumping because of the merge, bullish news is never priced in.

>> No.50438534

>>50438476
shut up you retarded jewfaggot. it's common knowledge sam kikeman fried and blackrock are exactly doing that to finance the biden presidency

>> No.50438541

>>50438534
>>>/pol/

>> No.50438572

>>50437753
Why do these deep scum faggots always crop the date

>> No.50438580

>>50438541
here we can see anon playing 2D chess VS anon playing 4D chess

>> No.50438584
File: 947 KB, 1169x6371, cointel pro.png [View same] [iqdb] [saucenao] [google]
50438584

>>50438318
You Working tonight?
XD
Fag

>> No.50438663

>>50438128
Bait and you’re a glow nigger
>feel free to investigate this fucking nutsack, faggot.

>> No.50439044

>>50437903
volume is volume retard, kucoin literally offers bots for you to use.

>> No.50439095

>>50438663
>>50438584
You bobos really are desperate to explain why it's pumping. Take your meds, schizos.

>> No.50439906 [DELETED] 
File: 92 KB, 735x758, 1647830506299.jpg [View same] [iqdb] [saucenao] [google]
50439906

I think he bought UTK instead, because it is pumping.

You are gay if you say it is not true.

>> No.50439909

>>50438584
>COINtelpro
shill it to me

>> No.50439914

>>50436084
10.5k BTC? pfffffft I wipe my ass with 10.5k btc

>> No.50439919
File: 92 KB, 735x758, 1647830506299.jpg [View same] [iqdb] [saucenao] [google]
50439919

>>50436095
I think he bought UTK instead, because it is pumping.

You are gay if you say it is not true.

>> No.50440333

>>50438128
Stfu and go back.

>> No.50441166

>>50436084
He is flipping it for altcoins I guess. The market is gaining some momentum and altcoins are gradually moving. MATIC, LOX, and VRA are giving me some hope.

>> No.50441273

>>50438128
Anon this board is exclusively made for incels, autists and /pol/tards with severe gambling addiction.We don't do critical thinking here. Just say "yeah hurr durr joows" and move on please.

>> No.50441407

>>50436084
not selling the top
selling the bottom
>kek

>> No.50442042

>>50437428
you are working under the assumption that the pump to 22k takes less real money input than the dump will cause a crash
this isn't free money for exchanges they are playing a gamble based on the volume and even with the orderbook they see even they are guessing at how much of that volume will evaporate in a real dump

>>50438109
almost correct, the pile of money in the final merchant should be a lot smaller
the profit taken on barts is a fraction of the value the whale puts at risk
unless you are assuming they naked bart it with only cash/debt/iou's issued of course of we are talking about that level of jewry the sky is the limit

>> No.50442061

>>50438128
how can you NOT fake volume with ZERO FEES in a bot market?

>> No.50442118

>>50437428
>>50437537
https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4
>>50437545
correct that's why the price never changes.

>> No.50443632
File: 64 KB, 1280x720, maxresdefault.jpg [View same] [iqdb] [saucenao] [google]
50443632

>>50436084
>And the dream is still alive with Bitcoin Cash

>> No.50444578

>>50436084
plenty of huge wallets sell at right and wrong times

>> No.50444588
File: 40 KB, 200x200, 123456789.png [View same] [iqdb] [saucenao] [google]
50444588

>>50442118
>https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4

>> No.50444635

>>50436328
based