BCH wallet with over 6% of all BCH to exist) has accumulated another 24,000 BCH in the last couple of days.
I assume they would have bought OTC, but maybe it’s what’s been keeping BCH price relatively stable compared to other coins?
Just thought I’d share
Does that 6% a % of all BCH minted or % of not lost BCH?
The wallet holds 1.36 million BCH. Which is 6.47% of the 21 million BCH to ever exist.
Buy low sell high
This really is fascinating. Do however Coinbase act as custodians for institutional customers as well as retail? Also perhaps a large number of shitcoiners hold BCH as BTC looks "expensive" so they add bch to their shitcoin bags without knowing what bitcoin is
No idea, I don’t think it’s even actually confirmed to be a Coinbase cold wallet. Only some Reddit posts where a user says it is. All I know is it’s heavily stacking BCH.
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