An anonymous trader bought bitcoins worth $ 400 million

in btc •  7 years ago 

The anonymous trader from 9 to 12 February purchased more than 41,000 BTC worth a total of $ 400 million, increasing his balance to 96,650 units. It is reported by MarketWatch.

"It is not clear who this major buyer is yet, but many purchased bitcoin on a deep drawdown and continued to buy up when the position of regulators in the US and Asia became clear," commented on The situation, tetras Capital's founding partner Alex Sunnarborg.

The President of the company Blockchain 360 USA Jeff Cohen is convinced that such a major buy signal in support of the bullish trend, as many small traders will conclude that the big players have marked the bottom for $6000.

"I am ready to believe that wall street smelled the smell of blood at $6000 and decided to go back," — he stressed.

Recall, bitcoin once again crossed the threshold of $10 000.

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If that 400 million really was from one person... That's quite interesting!

most likely it's one person

Hopefully it's not a pump and dump on a grand scale... That could really hurt bitcoin, and it's reputation amongst those still weary of cryptocurrency.

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  ·  7 years ago Reveal Comment