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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2016-04-11] Cryptsy Funds Has Moved To A Bittrex Wallet
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jdebunt (OP)
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April 11, 2016, 06:43:09 AM
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Who is moving the funds, in your opinion?

By the look of things, someone has been moving Unobtanium funds from aCryptsy wallet over to the Bittrex exchange. Based on various Twitter reports – which are always subject to interpretation – it looks as if close to 15,000 UNO coins made it to the Bittrex platform yesterday, making it the largest Unobtanium altcoin wallet across all exchanges.

http://bitcoinist.net/cryptsy-funds-has-moved-to-a-bittrex-wallet/
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April 11, 2016, 07:10:45 AM
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At todays prices 15,000 UNO is still worth a good 90BTC but the market at bittrex is very thin. They have to sell all their coins very slowly in order to get the most out of their coins. It will most likely take weeks, perhaps a month. It could be that the operators of Cryptsy are trying to cash out their altcoins. Other than that I can't think of any reason of why they would move their funds to Bittrex.
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