In 2015, he received 254,900 ETH, when the cost of one eth was $0.311. He currently has 40,000 ETH ($139 million) remaining. Insiders / smart guy / just a luck?))
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A Bitcoin address dormant for 13 years containing 33 BTC ($2.142 million) moved all its coins just over an hour ago
I once had a theory why these wallets miraculously wake up after some time, at certain marks, and sell their coins! It seems that in the first 5 years, 75% of the Bitcoin emission was not mined or received by random people! Yes, there are ordinary miners among them! But even blackrock belongs to the top 3 mining companies! And so the coins could be distributed among the government, companies, elites and key people! Then, according to a previously established agreement, everyone has the right to sell part of their bitcoins at a predetermined level! And you have the opportunity to sell at a higher price depending on your status!
The system works the same way as the market making system, when the market maker enters into an agreement with the coin! And according to the contract, he has the right to sell his location in portions of % without causing a cascading drop in price! If you know how a market maker works, you understand what I'm talking about! Conventionally, at the beginning the market maker receives an allocation and then they perform their role as the makerβs brand! Upon reaching a certain level, he has the right to sell his tokens! But not just collapsing the market, but %! That is, if a person buys $100 on the market, the market maker can sell 15% of these $100 of his coins! That is, he sells gradually without collapsing the market price as the coin grows!
I have already made a video about the work of market makers, and I strongly recommend studying the topic of alogrythmic trading!
Therefore, perhaps itβs the same story with Bitcoin, but on a crazy scale.
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I once had a theory why these wallets miraculously wake up after some time, at certain marks, and sell their coins! It seems that in the first 5 years, 75% of the Bitcoin emission was not mined or received by random people! Yes, there are ordinary miners among them! But even blackrock belongs to the top 3 mining companies! And so the coins could be distributed among the government, companies, elites and key people! Then, according to a previously established agreement, everyone has the right to sell part of their bitcoins at a predetermined level! And you have the opportunity to sell at a higher price depending on your status!
The system works the same way as the market making system, when the market maker enters into an agreement with the coin! And according to the contract, he has the right to sell his location in portions of % without causing a cascading drop in price! If you know how a market maker works, you understand what I'm talking about! Conventionally, at the beginning the market maker receives an allocation and then they perform their role as the makerβs brand! Upon reaching a certain level, he has the right to sell his tokens! But not just collapsing the market, but %! That is, if a person buys $100 on the market, the market maker can sell 15% of these $100 of his coins! That is, he sells gradually without collapsing the market price as the coin grows!
I have already made a video about the work of market makers, and I strongly recommend studying the topic of alogrythmic trading!
Therefore, perhaps itβs the same story with Bitcoin, but on a crazy scale.
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1 second chart on DOT. This is how market maker software works! Imagine the cryptocurrency market trading 24/7, 365 days a year! We have a bunch of centralized exchanges where all pairs are traded + decentralized exchanges! Spot and futures trading! People trade in different volumes, but we donβt see chaotic candles! Regardless of the volume! The price on the 1 second market follows a clearly defined structure! Exchange software and market maker software controls the spread between exchanges so that people do not engage in arbitrage! And imagine that someone is now sitting and simply placing buy and sell orders every second! But none of them can move the price within a minute by 1 cent, either up or down) And so 365 days a year, every second, without breaks, without days off! If the market were exclusively traded by people, we would very often see flat candles, which signaled to us that there were no purchases or sales at that moment! And we could observe this on minute candles, on 5 minute candles! But here, even on a second chart, we clearly see the structure of purchases and sales, which is exactly what the algorithmic software supports!
Now imagine that a 1-second chart is formed and controlled simultaneously on all trading pairs on all central exchanges! I hope you understand that you are not trading against each other, but against an algorithmic model where everything is included in the price, in the time frame! News delivers the price at the right time in the right place in the right liquid zone!
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Now imagine that a 1-second chart is formed and controlled simultaneously on all trading pairs on all central exchanges! I hope you understand that you are not trading against each other, but against an algorithmic model where everything is included in the price, in the time frame! News delivers the price at the right time in the right place in the right liquid zone!
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"From November 2022 to January 2023, Silvergate, Lane and Frayer misled investors by stating that Silvergate has an effective BSA/AML compliance program, and that the company is constantly monitoring its high-risk crypto clients, including FTX," the Commission said in a statement.
I think SEC need find some another job! Cuz they charges everyone after the facts)))
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I think SEC need find some another job! Cuz they charges everyone after the facts)))
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The US Department of Justice has officially selected the Coinbase Prime exchange as a custodian for storing and trading confiscated cryptocurrencies - CLICK
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How Polkadot spend money again) 50k for animated gif logo on cmc and coingecko π€
Do you really believe any of this project think about solutions for web3 or new financial system. I remind you any coin just a speculation. If any country or gov need create a new blockchain or real solutions theyll do it. If amazon want launch own token on own chain thell do it. They donβt need eth, all this layer1/2, dot or any other chains. We got the assets what we can trade or invest in accumulation zone and sell at distribution zone. So after a years we can see new tech project which is will spend yearly salary for animation logo π€
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Do you really believe any of this project think about solutions for web3 or new financial system. I remind you any coin just a speculation. If any country or gov need create a new blockchain or real solutions theyll do it. If amazon want launch own token on own chain thell do it. They donβt need eth, all this layer1/2, dot or any other chains. We got the assets what we can trade or invest in accumulation zone and sell at distribution zone. So after a years we can see new tech project which is will spend yearly salary for animation logo π€
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https://youtu.be/oz9nM8vyj0w
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https://youtu.be/vURfH2_AV7g
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The saga with Polkadot marketing continues. just next time when some kol, mentions to you to buy the dip at every single correction. you'll wonder where he got the money from. but money does not come from trading just from promotional posts from various projects. itβs easy to buy off every correction and push any crap on you if, for example, polkadot pays you 20 thousand for several posts) filter your feed, friends. Now think about meme coins shilling βhidden gemsβ, alpha callers etc, how do they generate money.
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https://youtu.be/qZbPpCI_zTM
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TNSR price updates!
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According to a post by a Bittensor community administrator on Discord, the suspension is a precautionary measure to ensure the security of users' funds. Blockchain analyst ZachXBT reported that approximately 32,000 native Bittensor (TAO) tokens, worth an estimated $8 million, were stolen as a result of the hack.
This incident underscores the importance of robust security measures in the decentralized finance space, particularly concerning the management and protection of private keys. The Bittensor team is expected to provide further updates as the investigation progresses.
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Mew (cat memecoin) price updates!
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Everything going by plan with XAI π
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Open interest on BTC and ETH is now at the low levels of this cycle (like when we were at 16k)
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Lets be honest! BTC looks weird. Range since march.
Targets for BTC weekly i can mark few of them
- Test exit line on weekly. Not so positive.
- Test M fvg under exit line
- Sweep liquidity pool on the left and test W fvg.
Yes market looks absolutely ugly.
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Targets for BTC weekly i can mark few of them
- Test exit line on weekly. Not so positive.
- Test M fvg under exit line
- Sweep liquidity pool on the left and test W fvg.
Yes market looks absolutely ugly.
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