Confirmed Manipulation , IMO

Confirmed Manipulation , IMO

By toofasteddie | The cryptorunner | 22 Jul 2022


Do you remember that yesterday I told you that I had detected a massive movement out from the third richest wallet in BTC?
Well, today I can say that this wallet has been completely emptied.
Its current balance is "ZERO"...

Just yesterday, in the afternoon, this whale once again extracted 72,000 BTC out of its wallet...

I have done some research on the transactions of this wallet and, although at first it was clear that all these BTC have been moved to a specific COINBASE wallet, following the trail from there I have also detected that the majority (if not all of these BTC) have gone from COINBASE to another cold wallet created just a few days ago.

This new wallet has gone from 0 to 132,000 BTC in just 3 days and, therefore, is occupying position number 4 in the ranking of the richest wallets in BTC....
Consequently, this "New" WHALE is exactly the same as the "Old" WHALE since its holdings in BTC are practically the same.

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I do not know for sure what the real reason was for this whale to carry out this operation but, as I am used to distrusting the most powerful ones a bit, I would not be surprised if it was simply an attempt to manipulate the price reflected in the dump that BTC made at the close of the American stock market...

I suspect that the news from TESLA in relation to the fact that they sold during the 2nd quarter approximately 75% of their BTC I do not think was the reason for the fall but this movement of 72000 BTC towards coinbase could have been detected as a high threat by the market.

We are leaves in the wind...

@toofasteddie

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toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


The cryptorunner
The cryptorunner

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