Someone just moved LTC Worth 100 Millions USD

in #litecoin7 years ago (edited)

So yesterday we have noticed a large move of 588,666.86827541 LTC which were worth back then 100 Millions.

Today thy sadly are worth a little less.

The speculation started so i wanted to wait a little but it seems this is not any exchange wallet. Some people say its oldtimer moving his coins, some say its someone who just bought and got all those out of exchange.

EitherEtier way this means someone with loads of skin in the game expects something in near future and that would rather be price raise. People started talking if its not the creator who bought back his stash - hard to say.


Also its said ecommerce platform will add LTC and there is some other big news coming rumors say.

Markets

Of this list i trade on a few but for LTC i use only Binance and Bitstamp and smaller exchanges for arbitrage.

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Here is another news: Someone put 35 bitcoin (Around 1 million Bitshares) order to buy BitGOLD on bitshares exchange.BitGOLD is pegged to the price of gold,so it won't lose value if shit happens.
Is there really something going on?
I think it is.Be prepared.

thanks, interesting! do you have links to transaction ?

Solid huge upvote on yourself... spread the wealth man.

Yes.Order is still on.
https://www.compumatrix.co/#/market/GOLD_BTS
Yesterday it was 1 million BTS,now is 808.009,482
This is BIG for Bitshares exchange.

One more interesting thing,take a look at the cryptofresh Bitshares explorer.Look at the BTS-GOLD orders.The 800.000 Bitshares order is not listed there.I can't find it.First one listed is the one below,this big order.Why can't we see which Bitshares account made this order?And yes,Cryptofresh was offline for the last few days..interesting.
http://www.cryptofresh.com/a/GOLD

Can you stop with the bullshit? The TOTAL MARKETCAP of BitGOLD is 36 BTC. So your info is obviously wrong.

Dude,im not blind,here is link: https://www.compumatrix.co/#/market/GOLD_BTS

That is enough to buy almost the entire supply of bitGOLD.... I just checked it, you are absolutely right, the order is real.

How is bitGOLD pegged to price of gold though. Could that order just be there to keep it from falling, similar to how tether would have to stay at 1.00? Something seems off.

isn't it seem that someone is trying to manipulate the things to their own profit by showing some huge amount of btc into any altcoin.???

So are you holding coins BTG?

That's a big FAT margin call, people!

Wow that is some serious LTC!

Good to know.
I am sad that only blocktrades let me register and even their platform did not let me trade.

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You got a 3.03% upvote from @upyou courtesy of @stimialiti!

I’d freak out moving that much money at once...

Yeah sorry about that. My finger slipped when I was counting my litecoin. I’ll be more careful in future!

ok you got me it was my 100mill

OK, how about you put more into Steem Power then? :)

good comment my all steemit friend wish you good luk

Probably converting that LTC to Steem Power
Screen Shot 2018-01-29 at 7.54.52 PM.png

Nope, did that last week and it was only 3 LTC.

My guess is it’s an exchange moving money around to prepare for an influx of trading/withdrawals/deposits once core is released.

Most probably someone waiting for litecoin to go up in value in the near time ;)

https://m.bithumb.com/wallet/P102?bsid=S1201GM_IN&gclid=CjwKCAiA78XTBRBiEiwAGv7EKsWP2zUVBEgJiMWcT5ywTXxxckiYabAuJKN7RozdxiN9QXii2zR3bRoC3kAQAvD_BwE
We’re in the middle of a $30 trillion intergenerational wealth transfer from baby boomers to their children. And those kids - not really millennials only, but people from 25 to 40 years old - simply think about their investment decisions differently