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RE: 12% of All ETH ($100MM / 8.3MM ETH) has Just been Moved To A Single Account In The Last 2 Hrs; Largest Acct Existing Now. Not DAO ETH. Reason?
Really? It's not obvious what's going on here?
As I explained here...
https://steemit.com/money/@williambanks/hold-onto-your-hats-next-few-days-are-wild
Exchanges are preparing for the fork. Part of that would be moving funds and ensuring they are safe but easily accessible. Remember ETH trading will be shut down completely for up to 24hrs. As soon as it comes back there will be massive pressure on any exchange for people to get their funds out.
This looks to me like Polo or even Bitfinex is just getting prepared for the inevitable chaos to come in ETH over the next couple of days.
I understand your reasoning...Let's take into account that Poloniex was supposed to be the biggest one wallet holder in existence. Do you think this is another exchange? Which exchange do you believe it to be if it's not Poloniex?
Guessing maybe Shapeshift or Bitfinex. Both of those probably have bigger wallets than Polo by now. Polo being the big ETH wallet was a long time ago I thought.
What do you think?
I could see that being the case with Shapeshift or Bitfinex.
That reminds me...
I saw this earlier : https://twitter.com/SexyBitcoinBabe
It's basically the link to the imgur album with the CEO of #Bitfinex saying - " I wish I never listed this piece of shit coin "
It's clear he was talking about #Ethereum
So my thoughts?
Bitfinex might be doing some cold storage move and is prepared to wait out the storm that might or may night take place.
Its hours away from a hardfork.
Things might get real?
Turns out it was Kraken. News article coming shortly.
So I got the info about it being kraken from the polo troll box. However I've seen nothing come across the news wires either. Guess we can lump this back into the mystery category.