Bitcoin Forum

I was checking top ETH wallets and found that there are huge number of transactions happening from a wallet 0xd24400ae8BfEBb18cA49Be86258a3C749cf46853

https://etherscan.io/address/0xd24400ae8bfebb18ca49be86258a3c749cf46853

Is there any way to know who owns it ? Is it an exchnage or some sort of ETH mixer ?

Read the comments on that wallet. Someone said it was Gemini's (exchange) hot wallet. It wasn't surprising to see a large number of transaction in exchange's wallet.

The account has 49 million in Ethereum, another 500K in Altcoins and then I see a lot of recent Airdrops coins. With that kind of wealth would you still participate in Airdrops :)? Not sure what kind of account it is, but I am happy to trade it for mine ;)

All transactions going out from it. No one is depositing money in that exchange ?

I think there's a few huge deposit on that address probably from their cold storage and that wallet is made for withdrawal of smaller amount of ether. Im sure there's a deposit transaction in that wallet, ether won't come from nowhere, it won't fall out from the sky.

I searched more about this wallet address and got a reddit link which says that it got ETH from  a dev account.

First of all, no one knows who this address belongs to, which is the charm of blockchain.
And the first few addresses are likely to belong to the exchange.

But we can make assumptions based on the number of transactions and current balance. It can be of some exchange but those airdrops coins are confusing.

This is a good find, I think there is very probability of this wallet belonging to an exchange. Most probably it is a mixer used by some big whale.

It's gemini's withdraw address. This is just one of the exchange. You'd see higher transaction in much popular exchange wallet.
Here's one of Poloniex
https://etherscan.io/address/0x32be343b94f860124dc4fee278fdcbd38c102d88
Binance
https://etherscan.io/address/0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be

If a user having an account on these exchanges sends money to my wallet, will I see the transaction coming from the withdraw address of the exchange.

An exchange account probably but why is it participating on airdrops? No it's not Airdrop coins probably it's the remaining coin.

What do you mean by remaining coins ? You mean they own all those projects .

I want to believe it is an exchange site wallet review, cos thats alot of wealth in that
it definitely has to belong to some organization.

That's a lot.

Yeah I don't also get why you would airdrops if you have that much money on your wallet.

How it cannot be airdrops? what do you mean by remaining coins?

Yes, that's why it's called a withdrawal address.

This is Geminis withdraw address. It is funny to see how people have commented on their wallet address so that they send them free money.

The amount is too huge and the activity is too frequent compared to a normal human.

It must be an exchange wallet.

If this wallet belongs to a trader, he is real real super rich!

I asked some friends who are experienced in crypto and they said that it is certainly some mixer. It is proved by patters in wallets where it sends the money.

you have a very high curiosity about a person's income, I am sure you are very motivated, like he got, I think he is an altcoin trader, so he has good deals, you can see in token tranfers form.

When I searched this wallet on Google, I found  a Reddit post about it. Last time there was huge movement in this wallet, ETH jumped by 4 times.

So what is wrig with it ? If this belongs to some sort if mixer from a bug whale all of us will be affected by it.

I don't think it's necessary to know who it is.
This address should belong to a large whale, and when it moves ETH to the exchange, it may cause the price of ETH to fluctuate.

Why is that whale participating in airdrops ? How can he have time for this now ?

This is a good find in my opinion. I also found that reddit link which tells that last time this wallet was active, ETH became 4x in few days.

What the hell is this wallet and whose address is that really?

Why people are begging for money to that address, is it heaven door or what where everyone is writing up the sad stories of their life and asking for donation of the ETH. Lolz.

Have you guys checked out the comment section really? Its funny to read why people are asking that way. Why they dont just work and earn for themselves. That the best blessing they could really have you know!

If you some of those wallets in comments, they have had transactions. One person commented as some NGO and has got transfers from different wallets. :)

Those comments are really funny. They think that the wallet owner will be kind enough to send them some money.

Everyone wants free money. In case of btc, it can be understood why the temptation is even more as it is more rare.