Anonymous Account Shifts 6,500 BTCs in the Morning, but There are Still 188,000

[Marko Vidrih]

Today's media reported that BitInfoCharts data show that 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r, an anonymous digital currency account, sold 6,500 BTCs in just 20 minutes on Tuesday, making the account balance shrink from 149 million US dollars to slightly more than 0.5 US dollars billion in 24 hours.” One out, causing the market a greater panic and volatility.

The query of the digital currency anonymous account via the BTC Block Browser transferred 6,500 BTCs around the beginning of the morning and was not certain to be a sell-off. Last year, the account had several large BTC transfers. The account received a total of about 1.7 million BTCs. The current account balance is about 188,000 BTCs. Investors are reminded to carefully identify such misleading information.

How many Bitcoins now exist? How much did the FBI seize during the Silk Road investigation? Where are all these Bitcoins? Who owns the largest number of Bitcoins in the world?

If you have not come up with such questions, sooner or later you will ask them.
To date, 16,98 million Bitcoins out of 21 million, identified as the unchangeable limit of their number, have already been extracted. Who owns most of the currency? There are several names on hearing.

Winklevoss twins
One of the twin brothers Winklevoss, who in 2013 bought Bitcoins for  11 million US dollars at the rate of  120 US dollars per 1 BTC since Bitcoin has lost in price only twice, and at the moment its price is much higher than that which. The brothers paid for it. If at the end of 2013, during the jump in prices to 1,000 US dollars, Winklevoss sold their Bitcoins, and then again bought them for the proceeds, but now the number of their Bitcoins would have been five times that.

Naturally, buying Bitcoins for money is not the only way to get them. There are two more ways. - This is mining, as well as selling for Bitcoins of goods and services. Ross Ulbricht (Ross Ulbricht) became one of the biggest owners of Bitcoins in the history of crypto-currency. The Silk Road.

During the investigation, about 174,000 BTC was confiscated from Ross Ulbricht and the Silk Road. Of these, approximately 144,000 BTC was confiscated from the computer of Ross Ulbricht, and the rest were found in numerous wallets belonging to the Silk Road.

After the confiscation, it was decided to sell the Bitcoins data in several lots from an auction. At the moment, held three auctions. The fourth and last is scheduled for November 5, 2015.

We do not have detailed information about the people who bought these Bitcoins, but some names are still known. Thus, venture capitalist Tim Draper purchased at the first auction Bitcoins worth 17 million US dollars.

Bitcoin Investment Trust bought most of BTC at the second auction. Most Bitcoins from the third auction were sold to a mysterious company called Cumberland Mining. It is rumored that a large stock exchange was hiding behind it ... Coinbase or Bitfinex. Even itBit purchased at the third auction about 3000 BTC.

In addition to Bitcoins with Silk Road, there are still covered with a veil of secrets of the coin of Satoshi Nakamoto. The real number of coins is unknown to anyone, and they have not been in circulation since the disappearance of their creator in 2011. During 2009 (the first year of mining), more than 1.5 million coins were created, and there are opinions that many of them controlled Nakamoto. The withdrawal of these coins in circulation can lead to a great panic in the market. The last time the movement of these coins was observed in February 2011, after which their owner publicly stated that he did not intend to scare anyone by issuing old coins.

As of July of last year, the largest number of Bitcoins is contained in the address coweGgC8CPZ6hYL1BBEfc1zqbSfHsprW. The amount on it was about 65 000 BTC, and the address remains active and with it periodically passes transactions to tens of thousands of BTC. Now it does not seem to exist anymore.


However, it is almost impossible to determine who actually owns the largest number of BTCs. The majority of crypto currency holders are reasonably silent about the state of their finances. In addition, very few people store large amounts of coins at the same address.

But if you still try to make an assumption, it is likely that the greatest control is now in the hands of the winners of Silk Road auctions, and the remaining large amounts are distributed between Winklevoss twins and several other large companies.

Author: Marko Vidrih

[Xester]

That wallet have released 8k worth of btc from April 17 and 18. About 6500 btc were sold last April 17, 2018 and today April 18, 2018 he have released another 2k bitcoins. It is also true that he has still 185,554 btc in his wallet. The reason he sold his btc was not clear but if he will continue to sell his btc in huge volume then we will see bitcoins value fall back to 7000 dollars.

[stompix]

Today's media reported that BitInfoCharts data show that 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r, an anonymous digital currency account, sold 6,500 BTCs in just 20 minutes on Tuesday, making the account balance shrink from 149 million US dollars to slightly more than 0.5 US dollars billion in 24 hours.” One out, causing the market a greater panic and volatility.

The value of those coins were $1,562,569,430 before and , that is 1.5 Billions not 149 millions.
Furthermore the value can't shrink from 149 millions to 0.5 billions which is 500 millions, that's more like raising or expanding , not dropping.

Also, just because somebody is moving coins from and address it doesn't mean it's selling.
How can you claim that those coins were sold, on what evidence?

With that logic, this "whale" which is actually Bitfinex has bought 2262 satoshis here:
https://bitinfocharts.com/bitcoin/block/519176/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r

Do your some more research and be careful with numbers when you write articles.

[coinmaster241]

Today's media reported that BitInfoCharts data show that 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r, an anonymous digital currency account, sold 6,500 BTCs in just 20 minutes on Tuesday, making the account balance shrink from 149 million US dollars to slightly more than 0.5 US dollars billion in 24 hours.” One out, causing the market a greater panic and volatility.

The value of those coins were $1,562,569,430 before and , that is 1.5 Billions not 149 millions.
Furthermore the value can't shrink from 149 millions to 0.5 billions which is 500 millions, that's more like raising or expanding , not dropping.

Also, just because somebody is moving coins from and address it doesn't mean it's selling.
How can you claim that those coins were sold, on what evidence?

With that logic, this "whale" which is actually Bitfinex has bought 2262 satoshis here:
https://bitinfocharts.com/bitcoin/block/519176/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
Do your some more research and be careful with numbers when you write articles.

Right it's official address bitcoin from bitfinex, it feels awkward to personal have bitcoin so big let alone often make big transactions in bitcoin. I think this is fixed please lock this thread may happen nest spam

[dimitriaustralia]

Why the current crypto currency market is worse than the Rothschild owned central banking system!
Why the need for bitcoin black?
The founding members of bitcoin own 95%+ of the entire crypto sphere! Founding members are disguised as Satoshi.
The new money system is doomed! The main need in the crypto space is a fair distibution with education to truly empower users, not to continue on the old path of money centralisation painted in a different picture based on tech.

From the start they owned the majority of  bitcoins and manipulated the price to accumulate more of a share in each project.
From this point any other project accepted bitcoin in ICO's and as accumulation through manipulation accumulated their holdings they invested a stake in the other altcoins.
Founding members get involved in a large stage and over time through manipulation accumulate more and more of a market share of the major projects.
Still at a small total market cap 400 Billion the manipulation continues with one goal to own more of a share of each crypto.
December 2017 masses were lured into crypto for the first time strategist to make them lose faith in the space and lose money. Many other rounds of luring will take place and accumulation of a greater % stake will take place into new upcoming projects.

It is the transitioning of the old money to the new money, owning more of a share in the new money than before. Making it seem fair, accidental and a betterment to humanity. When in fact its more slavery and concentration of wealth to the elite.

https://bitcointalk.org/index.php?topic=3124440.0

[squatz1]

Today's media reported that BitInfoCharts data show that 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r, an anonymous digital currency account, sold 6,500 BTCs in just 20 minutes on Tuesday, making the account balance shrink from 149 million US dollars to slightly more than 0.5 US dollars billion in 24 hours.” One out, causing the market a greater panic and volatility.

The value of those coins were $1,562,569,430 before and , that is 1.5 Billions not 149 millions.
Furthermore the value can't shrink from 149 millions to 0.5 billions which is 500 millions, that's more like raising or expanding , not dropping.

Also, just because somebody is moving coins from and address it doesn't mean it's selling.
How can you claim that those coins were sold, on what evidence?

With that logic, this "whale" which is actually Bitfinex has bought 2262 satoshis here:
https://bitinfocharts.com/bitcoin/block/519176/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r

Do your some more research and be careful with numbers when you write articles.

This right here, just because someone is moving it could just mean they're moving from one wallet to another. Maybe they bought a whole new HW wallet (or multiple in this persons case) and they wanted the added security with having this many coins.

Who knows if this is a cold wallet owned by one of the exchanges who have to move some coins to hot wallets. Who knows what's going on, but you can't make a blind assumption that they're selling -- you have no proof of this.

[Argoo]

If the world now produces about 17 million bitcoins, and to 6 million access from them is irretrievably lost, there are about 11 million bitcoins that are in use. Unfortunately, we can not know how their owners will deal with them. If a significant part of them are periodically released to the market, it can significantly reduce its rate for some time. However, the market is a market and these unknown persons have the right to sell their bitcoins in full or in parts. We can only hope that there will not be a large release of bitcoins into the market in the near future.

[Veterock]

I guess, that the FBI has the largest account of bitcoins and therefore they can control the market.

[Xester]

I guess, that the FBI has the largest account of bitcoins and therefore they can control the market.

This is a serious claim but we have no clear evidence on that to prove that it is really the NBI who holds a large amount of bitcoin. This may be a plausible idea of the NBI are the ones who created bitcoin, but this is also a hearsay. So let us just think that those bag holders of bitcoin are rather big businessman who have come-in early in bitcoin or those wallet are actually owned by the core developers.

[RakknRoll]

Bitcoin is really unpredictable therefore not all datas are accurate to the date, because every time goes by the market value always change and you should bare with that.
Bitcoin is a floating currency which the loss and the gain can be incurred anytime and anywhere.

[Anti-Cen]

Well the slight rise has turned out to be a flop again so lets blame China, Japan or Putin and forget that someone has just dumped
a ton load of coins or that the demise of Bitcoin was because it finally became "Trustless" after the greedy miners put fees up
to $55 per transaction.

https://www.zerohedge.com/news/2018-04-25/bitcoin-tumbles-back-below-9000-crypto-gets-clobbered

They keep letting you get a sniff of bacon but your not getting any to eat.

[Fulmand]

Well the slight rise has turned out to be a flop again so lets blame China, Japan or Putin and forget that someone has just dumped
a ton load of coins or that the demise of Bitcoin was because it finally became "Trustless" after the greedy miners put fees up
to $55 per transaction.

https://www.zerohedge.com/news/2018-04-25/bitcoin-tumbles-back-below-9000-crypto-gets-clobbered

They keep letting you get a sniff of bacon but your not getting any to eat.

Yes, I kind of agree with you in this, this countries has been a good market encourager for bitcoin industry for years and in a flash went banning the use of it! what the heck it made the market crazy and went down.. After what they did there has been many other countries that followed the banning of bitcoin in their jurisdiction..and as if the blow was'nt enough already even in social media such as twitter and facebook add up to the delimma..This year, there has been many challenges that bitcoin has to overcome. The months of Janauary and March took the tool on it. I hope that this month of April the rise will keep on going thus proving the legitimacy and dominance of bitcoin over all this obstacles.

[Kprawn]

Ok, we established that the coins belongs to Bitfinex, so there are no mystery anymore, but the fact that they do not have

$1,562,569,430 worth of coins in cold storage, should raise the red flags. It is either that or they just moved it to cold

storage.   These exchanges are definitely the weak link in the Bitcoin chain and they should avoid moving that amount of

coins.  

[Anti-Cen]

Yes, I kind of agree with you in this, this countries has been a good market encourager for bitcoin industry for years and in a flash went banning the use of it! what the heck it made the market crazy and went down.. After what they did there has been many other countries that followed the banning of bitcoin................

But they have no excuse and just like Bit-Torrent they knew from day one that governments would try to ban it, it was apparently already baked in the
cake and when the claim was tested, well apparently it crashed the price but i think it's more of an excuse than anything myself since we all know how to
use VPN's and the price crash is as a result of the crazy mining fees we had a few months ago.

Blame anyone but as soon as you start pointing the finger at the development team and miners (Same thing rally) then you
soon start ruining into walls.

[stompix]

Ok, we established that the coins belongs to Bitfinex, so there are no mystery anymore, but the fact that they do not have

$1,562,569,430 worth of coins in cold storage, should raise the red flags. It is either that or they just moved it to cold

storage.   These exchanges are definitely the weak link in the Bitcoin chain and they should avoid moving that amount of

coins.  

Seriously do something about those empty lines, it makes your text hard to read!!!

And what do you mean by "they do not have $1,562,569,430 worth of coins in cold storage"
They do have that much.
They've moved only 6.5 k and then another smaller batch but right now their balance in BTC is even bigger , standing at
 198,759 BTC

Well the slight rise has turned out to be a flop again so lets blame China, Japan or Putin and forget that someone has just dumped
a ton load of coins or that the demise of Bitcoin was because it finally became "Trustless" after the greedy miners put fees up
to $55 per transaction.

https://www.zerohedge.com/news/2018-04-25/bitcoin-tumbles-back-below-9000-crypto-gets-clobbered

They keep letting you get a sniff of bacon but your not getting any to eat.

Oh, zerohedge...the specialists in crashes and financial meltdowns.
I can't remember who was but somebody made the best description for zerohedge.
The only publication that predicted successful  200 out of the last 2 crashes 

[Dmitry.Vastov]

Today's media reported that BitInfoCharts data show that 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r, an anonymous digital currency account, sold 6,500 BTCs in just 20 minutes on Tuesday, making the account balance shrink from 149 million US dollars to slightly more than 0.5 US dollars billion in 24 hours.” One out, causing the market a greater panic and volatility.

The query of the digital currency anonymous account via the BTC Block Browser transferred 6,500 BTCs around the beginning of the morning and was not certain to be a sell-off. Last year, the account had several large BTC transfers. The account received a total of about 1.7 million BTCs. The current account balance is about 188,000 BTCs. Investors are reminded to carefully identify such misleading information.

How many Bitcoins now exist? How much did the FBI seize during the Silk Road investigation? Where are all these Bitcoins? Who owns the largest number of Bitcoins in the world?

If you have not come up with such questions, sooner or later you will ask them.
To date, 16,98 million Bitcoins out of 21 million, identified as the unchangeable limit of their number, have already been extracted. Who owns most of the currency? There are several names on hearing.

Winklevoss twins
One of the twin brothers Winklevoss, who in 2013 bought Bitcoins for  11 million US dollars at the rate of  120 US dollars per 1 BTC since Bitcoin has lost in price only twice, and at the moment its price is much higher than that which. The brothers paid for it. If at the end of 2013, during the jump in prices to 1,000 US dollars, Winklevoss sold their Bitcoins, and then again bought them for the proceeds, but now the number of their Bitcoins would have been five times that.

Naturally, buying Bitcoins for money is not the only way to get them. There are two more ways. - This is mining, as well as selling for Bitcoins of goods and services. Ross Ulbricht (Ross Ulbricht) became one of the biggest owners of Bitcoins in the history of crypto-currency. The Silk Road.

During the investigation, about 174,000 BTC was confiscated from Ross Ulbricht and the Silk Road. Of these, approximately 144,000 BTC was confiscated from the computer of Ross Ulbricht, and the rest were found in numerous wallets belonging to the Silk Road.

After the confiscation, it was decided to sell the Bitcoins data in several lots from an auction. At the moment, held three auctions. The fourth and last is scheduled for November 5, 2015.

We do not have detailed information about the people who bought these Bitcoins, but some names are still known. Thus, venture capitalist Tim Draper purchased at the first auction Bitcoins worth 17 million US dollars.

Bitcoin Investment Trust bought most of BTC at the second auction. Most Bitcoins from the third auction were sold to a mysterious company called Cumberland Mining. It is rumored that a large stock exchange was hiding behind it ... Coinbase or Bitfinex. Even itBit purchased at the third auction about 3000 BTC.

In addition to Bitcoins with Silk Road, there are still covered with a veil of secrets of the coin of Satoshi Nakamoto. The real number of coins is unknown to anyone, and they have not been in circulation since the disappearance of their creator in 2011. During 2009 (the first year of mining), more than 1.5 million coins were created, and there are opinions that many of them controlled Nakamoto. The withdrawal of these coins in circulation can lead to a great panic in the market. The last time the movement of these coins was observed in February 2011, after which their owner publicly stated that he did not intend to scare anyone by issuing old coins.

As of July of last year, the largest number of Bitcoins is contained in the address coweGgC8CPZ6hYL1BBEfc1zqbSfHsprW. The amount on it was about 65 000 BTC, and the address remains active and with it periodically passes transactions to tens of thousands of BTC. Now it does not seem to exist anymore.


However, it is almost impossible to determine who actually owns the largest number of BTCs. The majority of crypto currency holders are reasonably silent about the state of their finances. In addition, very few people store large amounts of coins at the same address.

But if you still try to make an assumption, it is likely that the greatest control is now in the hands of the winners of Silk Road auctions, and the remaining large amounts are distributed between Winklevoss twins and several other large companies.

Author: Marko Vidrih

Buddy it doesn’t matter how much account we have for now, it’s all because of the fame and the popularity and the people’s trust in bitcoin, the point of discussion is that now people are losing faith in bitcoin and they are leaving or shifting their accounts, awareness campaigns need to be organised so that people regain their faith in bitcoin again.