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Title: 26,000btc sell off a few days back Post by: cmoffat on October 08, 2014, 01:50:21 PM Hi to everyone,
I was just wondering if anyone was thinking along the same lines as me. Recently someone dumped 26,000btc which caused panic sell off over the weekend. Could this be the same 26,000btc that ethereum received via their pre-sale? Maybe they just decided to cash in. Title: Re: 26,000btc sell off a few days back Post by: blastmaster on October 08, 2014, 02:18:56 PM Hi to everyone, I was just wondering if anyone was thinking along the same lines as me. Recently someone dumped 26,000btc which caused panic sell off over the weekend. Could this be the same 26,000btc that ethereum received via their pre-sale? Maybe they just decided to cash in. Personally I just think it was a whale deciding it was time to cash out some of his large holdings, that's all. Title: Re: 26,000btc sell off a few days back Post by: CrackedLogic on October 08, 2014, 02:22:08 PM Hi to everyone, I was just wondering if anyone was thinking along the same lines as me. Recently someone dumped 26,000btc which caused panic sell off over the weekend. Could this be the same 26,000btc that ethereum received via their pre-sale? Maybe they just decided to cash in. Wasn't it 31 000 btc? Title: Re: 26,000btc sell off a few days back Post by: Ektra on October 08, 2014, 02:42:50 PM The thing is it didn't cause a panic sell. Bearwhale was handily keeping the prices depressed by keeping the sell wall just out of reach for a while ($320 when we were trading ~310) but as soon as they slapped it in at $300 the buy pressure was constant and it was quite clear the price would jump if all coins were bought.
Title: Re: 26,000btc sell off a few days back Post by: cmoffat on October 08, 2014, 02:55:08 PM Hi to everyone, I was just wondering if anyone was thinking along the same lines as me. Recently someone dumped 26,000btc which caused panic sell off over the weekend. Could this be the same 26,000btc that ethereum received via their pre-sale? Maybe they just decided to cash in. Wasn't it 31 000 btc? I got the 26,000btc number from the etheurm thread, that's what made me put 2 and 2 together. Title: Re: 26,000btc sell off a few days back Post by: MNDan on October 08, 2014, 03:05:27 PM I think someone had some taxes to pay and waited until the last minute to turn some coin into fiat. That is all.
Title: Re: 26,000btc sell off a few days back Post by: Pruden on October 08, 2014, 03:07:46 PM Or he wanted to give the impression of and end to the downtrend by buying his own wall. It's only a 0.6% fee and he has caused well over that increase in price.
Title: Re: 26,000btc sell off a few days back Post by: otto93 on October 08, 2014, 06:04:52 PM Hi to everyone, I was just wondering if anyone was thinking along the same lines as me. Recently someone dumped 26,000btc which caused panic sell off over the weekend. Could this be the same 26,000btc that ethereum received via their pre-sale? Maybe they just decided to cash in. Wasn't it 31 000 btc? Yes, and they still have most of them in the address below. https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 It cannot have been a dump of the btc that ethereum received via their pre-sale. Title: Re: 26,000btc sell off a few days back Post by: redsn0w on October 08, 2014, 06:07:50 PM Hi to everyone, I was just wondering if anyone was thinking along the same lines as me. Recently someone dumped 26,000btc which caused panic sell off over the weekend. Could this be the same 26,000btc that ethereum received via their pre-sale? Maybe they just decided to cash in. Wasn't it 31 000 btc? Yes, and they still have most of them in the address below. https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 It cannot have been a dump of the btc that ethereum received via their pre-sale. Yeah I've checked , so (at the moment) they don't sell anything or at least only a few thousand of btc ( that was sent here : https://blockchain.info/it/address/39BaMQCphFXyYAvcoGpeKtnptLJ9v6cdFY ). Title: Re: 26,000btc sell off a few days back Post by: cmoffat on October 08, 2014, 06:41:15 PM Hi to everyone, I was just wondering if anyone was thinking along the same lines as me. Recently someone dumped 26,000btc which caused panic sell off over the weekend. Could this be the same 26,000btc that ethereum received via their pre-sale? Maybe they just decided to cash in. Wasn't it 31 000 btc? Yes, and they still have most of them in the address below. https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 It cannot have been a dump of the btc that ethereum received via their pre-sale. There goes my theory regarding that then, lol. Not to worry, was just a thought. Title: Re: 26,000btc sell off a few days back Post by: Ibian on October 08, 2014, 07:04:04 PM https://bitcointalk.org/index.php?topic=815954.msg9126759#msg9126759
Title: Re: 26,000btc sell off a few days back Post by: derpinheimer on October 08, 2014, 07:05:59 PM Hi to everyone, I was just wondering if anyone was thinking along the same lines as me. Recently someone dumped 26,000btc which caused panic sell off over the weekend. Could this be the same 26,000btc that ethereum received via their pre-sale? Maybe they just decided to cash in. Wasn't it 31 000 btc? It was closer to 38,000. ( the dump was, not ethereum) Title: Re: 26,000btc sell off a few days back Post by: cmoffat on October 08, 2014, 07:17:55 PM https://bitcointalk.org/index.php?topic=815954.msg9126759#msg9126759 Your theory is very interesting, thanks for sharing. I really hope that you are right :-) Fingers crossed. |