Get the fuck in here, I'm onto something!
The address that bought 1,5mil link above market price just so they can buy it in bulk. Also triggered a massive pump when he did so.
debank.com
Get the fuck in here, I'm onto something!
Robert Harris
Other urls found in this thread:
etherscan.io
etherscan.io
etherscan.io
debank.com
twitter.com
Luis Lopez
Now, if we open up the address we can see it here:
etherscan.io
Angel King
So what happens now?
Nathan Hernandez
This is the address link ended up in:
etherscan.io
But what is even more interesting is that, he paid shitload of cash for the interests, and where the money came from. I followed the trail and came to this address:
etherscan.io
Sebastian Williams
The address has 130mil. They get mostly tether from bitfinex. Either they know defi is gonna explode and are accumulating with free tether printed money. Just because they can. Or they will set off massive dump. Just like they did in march. (Liqudated shitload of longs). Its funny money to them. Note that they have to pay interest rates for every short they have and is not liqudated on aave aave. They pay at least 30% more, then links current price, just so they can get link in bulk, and get it fast. If they went on other exchanges the price would rise way faster.
Ayden Sullivan
monitoring
Brayden Phillips
I dont know. My bet would be that they know how big DEFI is gonna get and dont want to miss on the action. Thats why they are buying shitload of it. They have open shorts on aave, or they have straight up bought link from other exchanges. Seems like some of the printed tether ends up pumping link aswell.
Brandon Jones
if this is real, its insanely huge
Dominic Williams
HAHAHAHA I knew there was something fishy about link mooning.. Its fucking Sergey..
Justin Perez
I have monitored the address and look. They have shorted again. The liqudation before happend at 14,46. It got rejected a few times and they had to pay shitload of interests untill it got liqudated.
debank.com
Fucking CHECKED. Green id 777. We gonna make it.
Anyway look at pic related how many interests they are paying.
Tyler Wood
Remember when link got rejected at 14,40 and went down a bit? They literally payed MILLIONS in interest rates just so they could get 350k link above market price.
I think link is gonna fucking explode.
Logan Garcia
or they could dump the price while opening a massive short this time?
Joshua King
Yeah that is also a scenario. Another shakeout.
Joseph Parker
let us know if the tokens move to binance user
Adam Hernandez
Oh, one of their address I found transferred around 400k to binance a few days ago.
Justin Foster
Maybe they just want to buy it up quietly. If they wouldn't transfer it to binance the web page that monitors link on exchanges would show even larger withdrawls. Making it more bullish. Why would they transfer 1.5mil into a cold wallet, and a bit into binance? They might be covering their tracks aswell.
Blake Kelly
Good thread, OP is officially not a faggot this time. What are we in for, linkies? I wont be able to sell fast enough with those fees.
Bentley Brooks
Bodes well for us lol
i need this user.
Owen Torres
In english, Doc
Nolan Ward
Brb, keep it alive!
Parker Morris
Initiating bump protocol
Jordan Miller
Give me the tl;dr.
Nathaniel Hall
Rich guy buy
Joshua Young
It looks like P&D on a massive scale. Link doesn't have a finished product. Sergey delivered at most 10% of what he promised, and DeFi is just a buzzword. I would say, that a retrace is imminent.
Mason Reyes
So link go up or link go down
Elijah Harris
Thank you op. You are doing gods work
I think these are extremely wealthy people who are getting insider news. They want extremely large amounts fast and fairly quietly. This seems like the best way to do it. Wealthy people are not going just throw away 30% unless they know something.
Parker Walker
Yeah, you found a pool faggot.
Carson Reyes
The exchanges are now almost out of link. It won’t be available to retail buyers buy then of the year was not a larp
Daniel Adams
In an hour it's already down from it's ATH, someone is trying to get the thrusters going but it's not working
Jack Morgan
This is the zeus address, retard.
Joseph Brown
Why would you get fucked if you deposit link on AAVE? You're getting interest. You're only fucked if you take our a low health factor loan
Justin Johnson
What happens to the link that people put on aave if the whale took it all? They can’t get it back?
Anthony Hall
probably this
They are willing to pay shitloads on these overpriced links because they are certain it will dump. 10k linklet here and I wish it wasnt like that but it certainly looks like it
They would probably even trigger selloff just by selling large amounts they hoarded
Isaiah Clark
nice one op
Logan Ortiz
how does aave work if lenders get fucked? don't they lend, collect interest, and then get their links back once a short position is exited?
Jose Wilson
Because you aren't holding LINK. You're holding aLINK which can be exchanged for LINK 1:1 when you withdraw. These big players that OP are talking about deposit some collateral they don't want long-term onto AAVE (BTC, KNC, BAT, or whatever). They borrow LINK against this collateral and just let their collateral get liquidated. They've got the LINK in hand with little to no price slippage compared to what would have been if they had just market bought LINK.
The concern here for LINK holders on AAVE is that, in the case of a huge LINK pump, they HAVE to be able to liquidate these whales' collateral and then market sell it fast enough to purchase LINK before the price is so high that the situation was disadvantageous for them (i.e. they have less LINK than when they started).
Am I correct here, OP?
Julian Cruz
>posting words that make sense
Nigga... what
Jayden Jenkins
>if bump.protocol = activate
>bump 1
>if Link = $17
>Activate moonshot
$100 EOY check em
Carter Thomas
He means they have enough to short it at a margin and then dump it down to near zero, making bank.