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MasonEntrican
Oct 11, 2018 3:11 PM

30k btc wallet mover - 3KeXRfyU9LZTV3qeN3AZFbKrpv3TSNkzo1 

Bitcoin / DollarBitfinex

Description

Whats it doing
Comments
bkgordon549ca
can you explain, further? thanks
Kryones
@bkgordon549ca, see my comment below.
WealthHustler
What these yellow lines vertical means?
Kryones
@WealthHustler, He's looking at large BTC volume transfers from one wallet to another over the course of the last 3 years. From what I can tell, they've either been losing money or cashing out portions over time. The balance began at 30,000 BTC in 2015, they transferred it out to a different wallet which then decreased in volume, rinse and repeat for each yellow line above.

I'm unsure of the 2013 line though. I couldn't trace the transactions further back than 2015.
bkgordon549ca
@Kryones, thank you
MasonEntrican
@Kryones, Exactly this. They actually go back to 2010 with newly minted btc from miner activity creating that 30k sum you mentioned. It then turned to the 22k. It feels like over the counter sales transfering hands imo. But whats interesting is how the only activity is perfectly timed with major market pivots.
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