…Someone please confirm that this is a tracking error/incomplete data???
Or
Speculate wildly on who just snapped up 500,000 BTC….
Been tracking BTC exchange number for several years the number remains very ‘stable’ and the moves are small and consistent.
Attached are 3 years of data.
Over the last 5 hour period 500,000 BTC has been removed from exchanges. I’m currently diving deeper to see if this is a tracking error or a big exchange rebalancing.
But the skeptical part of my brain says..
Systematically drive price down.
Print $50 Billion.
Create massive OTC trade when the liquidity is there (retail selling out of fear)
Creat new reserve….US Government wanted a million right???
submitted by /u/Phosphate67 [link] [comments]
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