Kriptokoin.com – Bitcoin (BTC) is watching around $ 8,000, while watching the behavior of whales is very interesting. One of them seems to have decided to sell, but some problems are still unsolved.
A whale of 5,000 BTC
amount transferred to stock-based wallets
Since 2017, the behavior of crypto whales (the richest wallets of the entire Blokchain) has been analyzed as an indication of a possible fall or rise reversal. The Token Analyst research team used automated robots for such whale movements. Yesterday, a whale moved $ 39 million to the Poloniex crypto exchange. The unknown Bitcoin (BTC) wallet transferred an enormous amount of approximately 5,000 BTC to stock-based wallets.
Our bot picked up a massive $ 39M $ BTC inflow into Poloniex from an unknown address. @Poloniex
For context, inflows of this size are rare, and the avg. daily $ BTC inflow into Polo is $ 2M – $ 3M.
We are monitoring to see if this is Polo shuffling funds. the pic.twitter.com/wzxkukyıt
– TokenAnalyst (thetokenanalyst) January 10, 2020
This is historical
It’s away from Bitcoin transfers, because $ 1 billion from Huobi a month ago
transferred. The interesting thing about this transfer is that this entry is average for Poloniex.
daily BTC is twice as high. That’s why analysts
they described it as suspicious. Token Analyst, this movement Poloniex
that the tokens in their funds are a sign of some internal regulation.
Bitcoin processes used for volume inflating
Last year, it was discovered that such transactions were used by numerous stock exchanges to inflate trade volumes. Launched in January 2014, Poloniex is one of the oldest and most popular crypto exchanges. According to CoinMarketCap, the daily trading volume is $ 77 million and it ranks 76th in the market according to the adjusted trading volume. For other critical news about crypto currencies, see our article thiş The Great 2020 Forecast from Tom Lee’s Company and Factors That Will Fly Bitcoin ”.
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