Replying to Avatar 𝕞ptf

How much is left on exchanges?
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ynniv 1y ago

According to the second image, 2.5M. What you really want to know is how much the one dumping it has left. $60B is a lot of B.

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𝕞ptf 1y ago

Yeah, it's a lot of Bitty and surprising go dump it all for fiat.. make it make sense!

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ynniv 1y ago

Primarily Coinbase Advanced. They have 800k left

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𝕞ptf 1y ago

How do you know it was Coinbase?

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ynniv 1y ago

https://cryptoquant.com/asset/btc/chart/exchange-flows/exchange-reserve?exchange=coinbase_advanced&window=DAY&sma=0&ema=0&priceScale=log&metricScale=linear&chartStyle=line

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𝕞ptf 1y ago

My god, that's a huge drop

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ynniv 1y ago

TBF, it could be a Coinbase client. Still, *someone* is burning a lot of value.

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𝕞ptf 1y ago

Strange to try and keep the price lower

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ynniv 1y ago

In finance nothing is "strange"