Someone's got some coins to move...

[keewee]

Each one of these transactions is 44000 bitcoins. Went for more than 20 minutes. Any speculation on this? 

[FreeMoney]

Without out looking I'll bet it's the same coins over and over.

[keewee]

More than likely. I see it's started again

[phatsphere]

is it morse code?

edit: or binary?

[adamstgBit]

is it morse code?

edit: or binary?

(char*)(11101111011011011000010101001110100110011101001111001010110111010101) =  ALL YOUR BITCOIN ARE BELONG TO US!

[mobodick]

is it morse code?

edit: or binary?

(char*)(11101111011011011000010101001110100110011101001111001010110111010101) =  ALL YOUR BITCOIN ARE BELONG TO US!

Its '1110111101101101100001010100111010011001110100111100101011011101010100000000' if you want to be anal about it...

[augustocroppo]

Each one of these transactions is 44000 bitcoins. Went for more than 20 minutes. Any speculation on this?  

Good shot!

Well, some possible explanations for the serial transactions:

1. Automated laundry system shuffling the funds in the network.
2. Distribution of funds to arbitrage in various exchange platforms.
3. Silk Road or Mt.Gox enterprise readjusting the Bitcoin wallet storage.
4. Satoshi playing around with us.  

This is part of the high volume of outputs which I documented last night:

https://bitcointalk.org/index.php?topic=82626.msg1211046#msg1211046

[knight22]

Do you have any reference for this chart?

[augustocroppo]

Do you have any reference for this chart?

If you are referring to my post, the first chart was made in the Microsoft Excel using the data published.

If you are referring to the OP's screenshot, it come from the http://www.bitcoinmonitor.com/ Internet page.

[thepwnorbpwnd]

Pirate. Bam, called it.

[bittenbob]

is it morse code?

edit: or binary?

(char*)(11101111011011011000010101001110100110011101001111001010110111010101) =  ALL YOUR BITCOIN ARE BELONG TO US!

You got me!

(It has been in my signature since at least the beginning of the year)

[bitcoinBull]

I suspect that's the change for SR withdrawals. I made a withdrawal last night from SR, of 0.6 BTC to 1BYhyPtxbnU59NDahJ7DVd8RnwNH1V5D1N, and the change was some 45.3k BTC.