$400 million USD is a lot of money...Who is the mysterious buyer? Charles Munger? Warren Buffet? US Government? FED? :)
According to BitInfoCharts, a mysterious buyer with a Bitcoin address of 3Cbq7aT1tY8kMxWLbitaG7yT6bPbKChq64 purchased an astronomical amount of bitcoins worth $344,000,000 at a blended cost basis around $8,400 from 02-09-18 through 02-12-18. In total, this Bitcoin whale doubled down adding nearly 41,000 coins for a new total of 96,000 coins worth somewhere around $900,000,000 at today’s price ($9,400).
I believe I found the culprit:
Maybe it's not him but this is how it works. Even if you think it is a joke.
lol
Maybe it is Marc van der Chijs with a few others.
He is always betting big and his crypto related fund will launch in a few weeks. He's a guy that attracts hundreds of millions of dollars when this happens, so that might increase the price quite a bit. Although never sure, that would be kind of a good bet for him and his friends ;-)
Yea, my bet would be on a fund or bank
Good bet!
Probably one of those spreading FUD over the past weeks to bring prices down. Still, over $10,000 sounds good.
It's looking pretty strong..I predicted we'd see cryptos back in action in March..so we'll see :)
So, if I am reading this right,
41,290 coins at $8,400 is $346,836,000.
Currently those coins are $417,607,060, giving that person $70,771,060 in new value in 3 days?
Shit.
A handsome profit
The person owns 0.565% of the BitCoin market cap.
So, we need only few of them to play FUD games with us. The next one is around $40k, right? 😀
Oh...we should see another FUD soon.
“Bitcoin will eventually go to zero”. -Warren Buffet. [quietly buys hundreds of millions dollars worth]. Maybe? We saw Jamie Dimon bad mouth it and then ,moths later Merril Lynch was working on a blockchain crypto project similar to ripple. It’s probably some hedge fund manager buying it up, some of them had tiny positions from previous years turning into over 50% of the value of their portfolio when it shot up in Dec.
Exactly.
What ever Warren says, take that as he's working some plan on the other side of it.
i think this mysterious buyer is US Government... Whats your opinion ?
by the way your information about crypto is exceptional, how handsomely you explain and share all the news about crypto which is very useful for us :) keep sharing such stuff with the community, steem on
Can’t be, that purchase would take a bill that would need passage in both houses .The govt speculating on bitcoin is not something that would happen unless there is some conspiracy CIA type stuff going on.
Thanks a lot mate! Appreciate it :)
I think I would have to go with a fund or a very wealthy individual.
Definitely isn’t that dinosaur Buffet!
My guess the federal reserve
Seriously I believe strongly it’s government
$10,154 now! Quite a jump in 7 minutes
Let's see if 10k holds..:)
might be warren cuz he's always spreading FUD probably secretly buying
Nah that dinosaur really believes what he’s saying. My moneys on Peter Theil or Government (Fed Reserve)
Probably this is one of those hypocrites that while saying bitcoin and crypto in general are a scam or a bubble, they quietly go and invest in those same "bubbles".
Its probably impossible to know who this person is, but I would bet its an hypocrite.
Let more "Mysterious Guy" coming..! 😄
i think this guy is pretty clever and hoping for a big boost of BTC price in near future. 😍
u won't invest $400 M without analyzing , nah..? 🙄
this clever mysterious guy gonna take back a billion soon..! 😬😬
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I regret to report that it was not me.
I wish I could invest 10% of this amount!!
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