A transfer of 249.999 BTC happened just now, really amazing

[jackg]

This might suggest that there will be a surge for BTC and other cryptocurrencies?

The amount is good but not strong enough to influence so even if owner wants to sell, I do not think it can affect the price. It can onlotc trade with an etf y influence low volume small fishes and shitcoins. Anyway, it is probably exchange's money and just sent to the wallet to hold it.

Either that or it’s a huge exchange for an etf or something that is hoping to be approved.

Tracing the chain and seeing where the funds initially started seems quite a good idea. They may all have been from the same miner or service.

[bitfocus]

move means just transfer of ownership to me, I don't think it will make any signal to the market.

[izanagi narukami]

AFAIK the exchange company or other old miner able to have such massive amount of bits.
Of course if personal trader like me able to do transaction with BTC 249 , I'm sure that I able to control bitcoin value at least 5% 
As long as the company doesn't selling their bitcoin, there is nothing to worry about it.

[btyco]

My guess is that an exchange is moving hot bitcoins into cold storage. Something mt gox should have done and avoided the crash of 2017/2018. 250 btc won't move the market though

[ribowo76]

If it belongs to an investor, at least it shows that the bitcoin is not dead. It may even be an indicator, that there will be a price surge someday

[Peacemaker1994]

Well this would not be a very influential attribute on the up word movement of the price if bitcoin or any other cryptocurrency there are still at alot of other whales out there that has alot of bitcoin as well

[Epokicecool]

Interesting, but with tx everyday does it not look like an exchange? either transfering new funds to cold storage or making a new cold storage?

[mdzahed134]

Total received 23,912 BTC and final balance 15,199 BTC i think this is a big exchange wallet so that for this regularly 249 BTC transaction nothing affected in the market. Also i think big whale can store those amount of BTC. If he make this all of amount in only one transaction that was obviously big deal in this bearish market.     

[sumsum90]

It means nothing, it can be simply moving from one wallet to another and spreading eggs in different, safer baskets.

[St4yInTh3D4rk]

This maybe due to some person bought decent amount of bitcoin for the long term purpose,he had enough analysis about the bitcoin then bought it?

But having large number of bitcoin transacted is no valuable information to know.

[Asian_Dynasty]

According to this news
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/

The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA

Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018

Current Balance: 14,950 BTC
($52,185,839 USD)

Holds 0.08578% of all BTC

This might suggest that there will be a surge for BTC and other cryptocurrencies?

Wow. How was the owner of this wallet when he saw how Bitcoin grow up and down. My heard couldn't take it 

[jcpone]

Maybe you're trying to suggest that the transfer of BTC is the start of bullish market. Bitcoin and cryptocurrency holders are preparing for the much awaited recovery. Then after the recovery is the bullish period. Expect to see more of transfering of huge coins into wallets.

[kamBlanV]

such transactions cannot make BTC create a bull market, I know that it is a very large transaction, but that is only enough to stabilize the market.

BCHSV and BCHABC supporters always make bigger sales than that.

[Bugatti73]

Yes indeed, I think this is interesting information. But where did he add bitcoins from?

[Cryptrx]

It may be an indication that crypto market recovery is not far away so the owner of the wallet is taking the opportunity of Bitcoin's current price to fill up his bag.

[Al-e_x]

very extraordinary, in my opinion it is a very good decision, but he will experience a decline temporary at the end of this year.

he must hold for a long time, if he wants to get a bigger profit.

if BTC remembers $ 20K again, then from 1 BTC he gets a profit of $ 16000

[KingScorpio]

will be funny to see a crash towards 0$ so these "billionaires" or "millionaires" of the current will become beggars of tommorrow.

[rodalutor]

its not a "user speculating"
its an exchange organising its cold store

the only speculating i see is the social drama of the reddit poster and this topic creator

exchanges have always been organising its coldstore daily for years
so many examples.. heres one
https://www.blockchain.com/btc/tx/33b2d09f26364cde78982079f99ae585688c7f96fc6497ef9e59a0fa2f434dae
this is an exchange re-accumilating its cold stores into one main address after reorganising

there are many other examples.. just the other week people were screaming about "6k moved" "66k moved" "8k moved"
which were all the same thing

so relax its not user movements. its just exchanges doing what they do regularly

It was my first inclination as these threads seem to pop up every few weeks. Even if it wasn't an exchange it wouldn't really enable us to draw any conclusions. It could be both a positive or a negative or even a complete non-event. I think if you're trying to connect the dots between bitcoin moving between wallets and bitcoin price movements then you're going to come up cold and you should consider looking elsewhere.

[Bugatti73]

will be funny to see a crash towards 0$ so these "billionaires" or "millionaires" of the current will become beggars of tommorrow.

And you did not think that in five years he would be a multi-millionaire again? Everything can be in the cryptocurrency world.

[seoincorporation]

According to this news
https://www.reddit.com/r/jex/comments/a78wxw/what_does_it_mean/

The 53rd largest BTC address,
15xZvLJLAgxh8cxEmAbpx1H35oibHo5cLA

Has been adding +249.999 BTC
pretty much daily since Nov 28, 2018

Current Balance: 14,950 BTC
($52,185,839 USD)

Holds 0.08578% of all BTC

This might suggest that there will be a surge for BTC and other cryptocurrencies?

Wow. How was the owner of this wallet when he saw how Bitcoin grow up and down. My heard couldn't take it 

There are two options. It could be a miner addy, a big group like ant pool or something like that. The other option is a big exchanger, those business moves big amounts of bitcoins too. If i had to place a bet i would say it was a miners transaction