Someone Just Bought $400 Million Worth of Bitcoin

[PlusCoinINK]

An anonymous trader has sunk $400 million—enough to buy New York State’s most expensive home twice with change left over—into the cryptocurrency, raising his or her stake from 55,000 coins to more than 96,000 between Feb. 9 and Feb. 12. And that buy-in is already paying substantial returns.

What spurred these massive purchases, and who was the money behind it?

Source: http://fortune.com/2018/02/19/400-million-bitcoin-anonymous-investor/

[pooya87]

this is already old news and Fortune.com is just copy pasting it in their website!
and it was already said that this address they keep quoting (3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64) most probably belongs to the exchange called Huobi.com
https://www.walletexplorer.com/wallet/e8fb61953c163500?from_address=3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64

[fiulpro]

I do think that all the big business men are playing a game with us .. they all are simply buying using everyone's money after collaboration to increase the price of Bitcoins in the market to make huge profit.

They tend to influence Market once in a while and make it somehow centralized.

Now if they cashed out we will be helpless for a while.