Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[John Abraham]

If Binance really holds 0.5M BTC this will always be a risk, of course. But did they do a prove of reserve?  I wouldn't be surprised if they lied to everyone. But even then, FTX had almost no Bitcoin at all and the Bitcoin marked still crashed.

They do. But I am not sure how I can verify it. You can check it from here https://www.binance.com/en/proof-of-reserves
Instead of checking their own claimed proof of reserve, I collected their Bitcoin Wallet data. Check the data below

Address 1- https://blockchair.com/bitcoin/address/34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo 248,597.39   BTC
Address 2- https://blockchair.com/bitcoin/address/38Xnrq8MZiKmYmwobbYdZQ5nnCbX1qvQfE 117,351.06 BTC
Address 3- https://blockchair.com/bitcoin/address/38DN2uFMZPiHLHJigfv4kWC9JWJrNnhLcn 40,041.05 BTC
Address 4- https://blockchair.com/bitcoin/address/bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h 38,802.05 BTC
Address 5- https://blockchair.com/bitcoin/address/3LQUu4v9z6KNch71j7kbj8GPeAGUo1FW6a 37,926.98 BTC
Address 6- https://blockchair.com/bitcoin/address/3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6 37,326.42 BTC
Address 7- https://blockchair.com/bitcoin/address/3FHNBLobJnbCTFTVakh5TXmEneyf5PT61B 31,275.35 BTC
Address 8- https://blockchair.com/bitcoin/address/3Qxak1CZhLyZ7GVckKphLURdLBCjMfz9bA 17,669.23 BTC
Address 9- https://blockchair.com/bitcoin/address/34HpHYiyQwg69gFmCq2BGHjF1DZnZnBeBP 16,306.63 BTC
Address 10- https://blockchair.com/bitcoin/address/36zSLdRv1jyewjaC12fqK5fptn7PqewunL 10,031.96 BTC
Address 11- https://blockchair.com/bitcoin/address/3EbJfpmFgufYtzW9UFvf1GAfm2ted1Rwnr 3,821.08 BTC

There are a few more addresses currently holding less than 3000 BTC each. These are the major Wallets currently holding 599,148 BTC.
All of them are on-chain. They also hold some Shitcoin like wrapped Bitcoin, Bitcoin on BSC chain etc etc.

Nice work and you now have 501 merits.

Oh wow phil
Thank you very much for the final touch.
I have to wait four more weeks to rank up.
But, I am wondering why you decided to break the 500 Figure 

[philipma1957]

501 vs 500  was done in case someone deletes a merit.

Does not happen much but just in case.

[John Abraham]

501 vs 500  was done in case someone deletes a merit.

Does not happen much but just in case.

Forum says, "You have received a total of 501 merits. This is what determines your forum rank. You typically cannot lose this merit"
But I want to lose 1 merit if I can  
I will wait for your 6K Merit  

This looks good, BTW.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Volgastallion]

Eurozone Officially Enters Recession

The Eurozone GDP shrank for two consecutive quarters signalling the beginning of a formal recession. Following a revised -0.1% in Q4 2022 Eurostat reported a 0.1% decline in GDP in Q1 2023 compared to the prior quarter. The wider Eurozone has been impacted by the recession in Germany and the inflationary pressure that has an influence on household expenditure. However employment in the area grew by 0.6% in the first quarter of 2023.

The sanction against Russia are working very well......

The "greens" are making his part also, destroying all the value.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[vapourminer]

Source

What an interesting idea.  Do you think it will catch on?

Hardly! Money that can be earned right on your home computer? It even sounds ridiculous! Not even worth the attention!

thats exactly what my wife told me in 2011. i convinced her otherwise.

life is good

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Volgastallion]

If Binance really holds 0.5M BTC this will always be a risk, of course. But did they do a prove of reserve?  I wouldn't be surprised if they lied to everyone. But even then, FTX had almost no Bitcoin at all and the Bitcoin marked still crashed.

They do. But I am not sure how I can verify it. You can check it from here https://www.binance.com/en/proof-of-reserves
Instead of checking their own claimed proof of reserve, I collected their Bitcoin Wallet data. Check the data below

Address 1- https://blockchair.com/bitcoin/address/34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo 248,597.39   BTC
Address 2- https://blockchair.com/bitcoin/address/38Xnrq8MZiKmYmwobbYdZQ5nnCbX1qvQfE 117,351.06 BTC
Address 3- https://blockchair.com/bitcoin/address/38DN2uFMZPiHLHJigfv4kWC9JWJrNnhLcn 40,041.05 BTC
Address 4- https://blockchair.com/bitcoin/address/bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h 38,802.05 BTC
Address 5- https://blockchair.com/bitcoin/address/3LQUu4v9z6KNch71j7kbj8GPeAGUo1FW6a 37,926.98 BTC
Address 6- https://blockchair.com/bitcoin/address/3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6 37,326.42 BTC
Address 7- https://blockchair.com/bitcoin/address/3FHNBLobJnbCTFTVakh5TXmEneyf5PT61B 31,275.35 BTC
Address 8- https://blockchair.com/bitcoin/address/3Qxak1CZhLyZ7GVckKphLURdLBCjMfz9bA 17,669.23 BTC
Address 9- https://blockchair.com/bitcoin/address/34HpHYiyQwg69gFmCq2BGHjF1DZnZnBeBP 16,306.63 BTC
Address 10- https://blockchair.com/bitcoin/address/36zSLdRv1jyewjaC12fqK5fptn7PqewunL 10,031.96 BTC
Address 11- https://blockchair.com/bitcoin/address/3EbJfpmFgufYtzW9UFvf1GAfm2ted1Rwnr 3,821.08 BTC

There are a few more addresses currently holding less than 3000 BTC each. These are the major Wallets currently holding 599,148 BTC.
All of them are on-chain. They also hold some Shitcoin like wrapped Bitcoin, Bitcoin on BSC chain etc etc.

Excellent work, about the fact they have or not i dont think USA justice can take the BTC, its not the same as FTX who was pure USA and was registered and full in USA soil. Binance USA can be closed and some deposits can be seized, but this big ammounts are far from their hand.

They have only one way to take that..... and can be one very very risky and its like they made with huawey in the past, to take CZ as a "hostage" and imprisioner him

[Gachapin]

great thought ...

Bitcoin is a Rorschach test.

https://twitter.com/lopp/status/1666845220099567642

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[nlovric]

BREAKING NEWS: @GaryGensler has been charged with market manipulation. #Coinbase provides evidence of Gary Gensler placing over $2.5m in BTC shorts just 48 hours ago.


source

[Gachapin]

BREAKING NEWS: @GaryGensler has been charged with market manipulation. #Coinbase provides evidence of Gary Gensler placing over $2.5m in BTC shorts just 48 hours ago.


source

Do you have any (credible) source other than that Twitter account?

Couldn't find anything


.... I'm skeptical that he'd be that stupid. But who knows

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Volgastallion]

BREAKING NEWS: @GaryGensler has been charged with market manipulation. #Coinbase provides evidence of Gary Gensler placing over $2.5m in BTC shorts just 48 hours ago.


source

Do you have any (credible) source other than that Twitter account?

Couldn't find anything


.... I'm skeptical that he'd be that stupid. But who knows

Goldman Gary trying his best to hammer ‘crypto’ and two of the biggest exchanges, probably on the order from his masters in the hope bitcoin will suffer.

Sorry, not sorry, cuck!



@MacroCRG
I have no words.

Just incredible.

BTC


https://twitter.com/macrocrg/status/1666137007045718039

Mmmm i dont see it in that way, i also think Gary its dancing with all of us.

Gary gensler its the most pro-crypto guy in the SEC, he take part in a few crypto talks, but also represent at the SEC.

So he make the price go down, and after he can make the price go up, so basically he can manipulate the amrket in his favour.

Like a Elon Musk but being in the two sides and INSIDE the market regulator itself.

SO basically i quoted myself because i said it a few days ago. BUt i agree with you, your source its...... a Twitter account in a time where anybody can have a bluechecked account.
I dont think Gary being so inside the system its gonna make so stupid move, if he made you can be 100% sure you are not gonna find and link the move to him.

[SamReomo]

BREAKING NEWS: @GaryGensler has been charged with market manipulation. #Coinbase provides evidence of Gary Gensler placing over $2.5m in BTC shorts just 48 hours ago.


source

Do you have any (credible) source other than that Twitter account?

Couldn't find anything


.... I'm skeptical that he'd be that stupid. But who knows

Although, there isn't much evidence against him other than that tweet but still that guy can do that because he's going to take even more harsh actions against Binance and Coinbase. The guy is a dangerous person for centralized exchanges, I think he loves decentralized exchanges! If that's true then he's welcomed in the team! Just joking, he's not going to let those exchanges and he will make them bend to their knees.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com