Be careful ! 4500 Bitcoins has send to coinbase pro

[Cryptornd]

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

[Oshosondy]

Do not just post anything like this without any backing or any news backing it.

The price of bitcoin dipped further since weeks back, exchange inflow is normal because people wants to sell their bitcoin at the time.

Include the link and the time you are talking about that the amount was moved from a wallet to coinbase pro.

[mindrust]

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

Hopefully they will sell so we can buy them cheap coins. In the long run bitcoin can only go one way, up. It is because of its deflationary nature. Those who are selling now will be sorry in a year or two. If they are selling for a profit though, I can't blame them. A man has to enjoy a lambo when he can. If they are selling for a loss though, their loss...

[Cryptornd]

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

Hopefully they will sell so we can buy them cheap coins. In the long run bitcoin can only go one way, up. It is because of its deflationary nature. Those who are selling now will be sorry in a year or two. If they are selling for a profit though, I can't blame them. A man has to enjoy a lambo when he can. If they are selling for a loss though, their loss...

That's true. High cdd holders selling means they loss $0. But selling of  high cdd holders coins could be affect to market badly. will see. however this is a marathon .

[DaveF]

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

If you are worried about 4500 old BTC (less then $100 million) being traded then you are a very skittish investor.

For all we know that person just moved it and put in a sell order @ $35000 and will keep an eye on it because they think in the next few weeks there will be a 50% bump in price.

Or they were worried about something else and moved it there to move it someplace else.

Or they want to have a bunch of liquid BTC so they can sell @ $22000 and buy back @ $20000 and sell again @ $22000 because they think that it's going to be cycling between the 2 for a while and want to keep making 8% to 10% during those cycles.

-Dave

[Cryptornd]

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

If you are worried about 4500 old BTC (less then $100 million) being traded then you are a very skittish investor.

For all we know that person just moved it and put in a sell order @ $35000 and will keep an eye on it because they think in the next few weeks there will be a 50% bump in price.

Or they were worried about something else and moved it there to move it someplace else.

Or they want to have a bunch of liquid BTC so they can sell @ $22000 and buy back @ $20000 and sell again @ $22000 because they think that it's going to be cycling between the 2 for a while and want to keep making 8% to 10% during those cycles.

-Dave

sir , the main case i am talking about is not 4500 coins. the problem is about  high number of cdd. 4500 bitcoin is something to not care we all know that.

[masulum]

This amount may only dump one exchange, it is impossible to damage the marketcap and bitcoin volume as a whole. even, if this owner making an arbitrage to several exchanges, then there is no significant decrease in each exchange. So, there's nothing to be afraid of with the transfer, this is small amount for current market. (IMO)

[Upgrade00]

Bitcoin currently has a trading volume of over $17 billion, someone moving around 4500BTC to an exchange is not reason enough to declare a warning for other Bitcoin users. The market can take such liquidity without a significant impact in the price, especially if it's done OTC.

Coin days destroyed, could factor in, if this sort of transaction occurs on a large scale and could indicate lots of old users are liquidating, but an isolated case would not much affect trader sentiments.

[Husires]

I did not understand what is strange about it or what calls for dread and fear? Four thousand and five bitcoins do not represent anything in the daily trading volumes and therefore will not change the price except by ten percentage points, which are easily liquidated daily due to the aspects of supply and demand.
If we're talking about 45,000BTC or even that Luna crafted, which might represent 80,000BTC, then you'd expect 1/20 of the previous change to happen (assuming everything goes unplanned).

[sheenshane]

Don't worry too much because that 4,500 Bitcoin is nothing if you'll compare it to other transactions that were in and out in popular exchanges.

There are more huge Bitcoin transfers from exchange to unknown wallets or vice versa than the larger amount you posted.
Follow the Whale Alert Twitter account and you will find out more Bitcoin transfers.  Recently transferred, 6,002 Bitcoin to Gemini exchange from an unknown wallet.

Just stay calm, though Bitcoin has struggled on pumping the price, at the end of the day, there will be another ATH again.

[BitMaxz]

sir , the main case i am talking about is not 4500 coins. the problem is about  high number of cdd. 4500 bitcoin is something to not care we all know that.

If this is all about CDD then that's the indicator that there is coming huge price dump?

How about those dormant Bitcoin are Bitcoins owned by Coinbase pro? So there is also a big possibility that they know that there are coming huge buyers?

No one knows actually what will happen to Bitcoin price those metrics are inflows and outflows that you get from Glassnode/Cryptoquant is just a metric you don't even know if those coins are owned by exchanges and maybe they’re just preparing for the coming bull market.

[Ahli38]

If you look at whalesAlertBot you will actually realize that transactions of bitcoin amounts with that amount are common every day. Even this morning, I saw even more bitcoins being sent from Gemini to privat wallet. which means whales finished buying or moving their bitcoins from the exchange to a private wallet.
an example of a recent transaction

6,002 BTC ($125,720,950) transfered from Gemini to Unknown
TX - link

4,002 BTC ($82,864,290) transfered from Gemini to Unknown
TX - link.

6,002 BTC ($125,005,910) transfered from Gemini to Unknown
TX - link

this transaction happened in just a few hours back. you will find more in the future or in the last few hours longer. so just get used to it yourself.

don't panic because there are large amounts of btc sent from personal wallets to exchanges. because it turns out that many also send from the exchange to a personal wallet. but indeed this can be a sign of a price in the market. but still a thorough analysis from both sides.

[Flexystar]

Everyone has their timings, entries and exits where they will react. Why are you here? You also looking for profits right? So what’s wrong if that person is going to sell their coins when the bitcoin is pumping. Anyways if they are selling then someone will buy it so that equilibrium would be maintained ahead and someone other would be owner of such mega number of bitcoins. They will continue to hold ahead so that they can wait for another ATH. So just relax and sit back and watch the game here.

[adaseb]

I've stopped looking at those whale wallet alerts, very rarely will it ever make you a profitable trade. Basically there are only 2 occasions where it was very profitable following those alerts and it was 2 weekends ago when bitcoin dumped to $17.5K and ETH to $885. And the hint was that during Saturday open there was lots of coins being sent to exchanges which was odd on a Saturday and a huge dump happened right after.

Second one was when that Shiba whale sent his Billions dollar worth of ShibaINU and everybody started dumping the coin as a result because he was going to start liquidating his holding. I think if you shorted there you would of never had it move against you and would be in great profit.

Other times it didn't mean anything when large wallets were moving around coins.

[2stout]

This is really ado about nothing.  There could many reasons reasons for this such as profit, margin call, altcoin buy opportunities, etc., not understanding the reason for the panic alarm.

[gunhell16]

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

In the first place dude, why don't you have any source link to make your topic will become true. Due if ever this is true, it will
be in favour to coinbase platform. It can also gain trust more  to other community here to their platform  once more.

However, for this moment there could be possible that there disadvantage and advantage for this matter anyway..

[ImThour]

See, any amount of Bitcoin deposited to any exchange is not only for selling.
What if they are going to use it for Margin Trading and add that BTC as collateral to open a Long position?
I would say not to take the Crypto Twitter cons very seriously. Try using your own mind next time.
Not every deposit is for selling, what If they are willing to keep it in Exchange for some other reasons?

[NeuroticFish]

sir , the main case i am talking about is not 4500 coins. the problem is about  high number of cdd. 4500 bitcoin is something to not care we all know that.

It doesn't really matter who is selling and how old are the coins. What matters is, as usual, the amount (well, the amount over time actually). And since the amount is not so big, it doesn't matter.
Even if it's old coins and you would say it adds up on top of the usual sales, it's not a big enough amount to matter.

[cryptoaddictchie]

4,500 Bitcoin ($95,456,555)
aggregated inflows to Coinbase Pro. Big inflow into Coinbase Pro . Be careful now. could be a reason to a price pull back.  specially from Wallets which has more than 10k Btc And also with High CDD ( Coin days destroyed ) . it could means some of long term holders are selling Their Bitcoins.

I'll worry if those 4500 will be dumped and another huge quantity holder dumped. But checking out total volume on exchanges its like gonna pass through since volume isuch higher, if this is like 1milliom bitcoin then we can start worrying. Exchanges created a lot of volume more than that. Also who knows what it will be use for and not for selling anyway.

[noorman0]

A move of that size would be another speculation instead of price in the first place, the OP didn't give any information about the purpose of the move. I've never heard of in history since the price was over $5k a whale selling thousands of bitcoins at once on the spot market because that's not the place to look for the best price.