i'm scared guys, what is the meaning of this? devs have been dumping small amounts entire day but this is very scary
etherscan.io
G-guys?
Jackson Walker
Joshua Hill
Pls drown
Carson Morgan
means litterlay nothing you mongoloid
Charles Ross
DR ; NS my PNK
Connor Ramirez
Bearish
Isaiah Morales
guys this is very spooky, what the heck? thats one gorillion dollars almost
Landon Reyes
>they include the ranking with the amount
Henry Lewis
Jason Ross
Oh no! Sergey is doing what he said he would do!!!
How will we ever recover from Chainlink having highly paid devs and marketers! It is literally over!!! SWIFT? CANCELLED!! Major node operators are dumping their stacks and renouncing partnerships AS WE SPEAK! DEAR GOD!
Hudson Myers
DELET
Carter Bailey
Robert Cooper
that's hecking crazy man? ico was for 32 mil and they have sold for over 100 mil dollarinos since. how do we expect it to ever break even 20 dollarinos
Dylan Adams
They sold 1 million LINK this week... Probably more next week
Kevin Hughes
why is circulating supply marked as 350mil on coinmarketcap when devs are dumping hundreds of thousands of links each week? are they in on it?
Jaxson Hughes
is SEC gonna get involved and heck on these guys? seems sketchy to dump on your investors
Brayden Taylor
could be exchanges running out of link
Wyatt Murphy
this
Evan Hernandez
How fucking new are you?
Chase Murphy
this seems like linky hopium/copium, can't you see how much link each CEX is holding? fricking noob
Thomas Scott
coinmarketcap is shit, use coingecko
Nathan Campbell
Exchanges don't fucking "run out" of link you moron, every trade on an exchange is a trade between an individual buyer/seller. Something sketchy is going on. What's to stop a crypto devleoper from saying the circulating supply is 350M but then creating more beyond that secretly for purposes of pumping price? What if the public only has access to 100M out of 350M and then the other 250M is printed/deleted, printed/deleted, repeatedly, creating more and more fake trades to pump the price? Crypto sure is cool, print dat money out of thin air!
Austin Parker
So they just give the exchanges LINK for free? NO.... they are SELLING!
Landon Morgan
wait, I remember this post from last year kek
Anthony Johnson
Is this how you regularly type and speak?
If this is bait I give it a 5/10 I'm irked
Luke Robinson
You mean dumping
> trustnodes.com
Cameron Morris
17 billion MC is the reality and people still haven’t sold. Fucking kek!
Christopher Cook
I don't even hold link you gremlin
learn how centralised exchanges work before responding to me ever again
you think I was implying they give it to the exchanges for free? Obviously they sell it
Logan Collins
>Exchanges don't fucking "run out" of link you moron, every trade on an exchange is a trade between an individual buyer/seller
Did it ever occur to you that the “seller” could be the exchange?
What do you think happens when there are more buyers than sellers? Educate yourself retard
Mason Clark
My hands are faltering can someone inject some hopium in here
Leo Butler
Sell now bitchboy, you dont deserve what's coming.
Eli Turner
Coinbase ran out last week during one of the runs.
You could prove it by withdrawing Link from the exchange and you would see a Binance purchase from Coinbase shortly after.
Grayson Bell
Back to the team dumping fud eh? Everyone knows that is bullish, you fudders can call it quits for the day
Kayden Thomas
Follow the money on Etherscan, it literally only takes a few clicks. It is ending up in known, listed aggregator wallets. This could be preparation for staking.
Jaxon Fisher
>What do you think happens when there are more buyers than sellers?
The price goes up, that is literally what happens. That is how markets work, this is very basic
Jaxson Gonzalez
Report them to the SEC and FBI
Justin Lee
Follow the big ~400k - 500k transactions out until you reach an address where there have been no large individual sums of that magnitude sent out. At that address, the money ceases to be sent out in single lump sums of that amount, and begins to be sent out in much smaller payments to the aggregators. The etherscan page lists which aggregators are which but you have to go a few pages into the transactions.
Ryder Sullivan
After 500k leaves that dev wallet and arrives at this dispersing address, 10K goes to ETH/USD aggregator, 10K to LINK/ETH aggregator, etc, and the further into the transactions you go the more payments you see going to known aggregators. I am willing to bet many of the other unknown address it's sending money to are aggregators but aren't listed as such on etherscan.
Zachary Kelly
Similar or higher MC as Deutsche Bank, Panasonic, Porsche, Carlsberg, Royal Bank of Scotland, Suzuki Motors, Domino's Pizza, Tiffany & Co, Aviva, Peugeot, Nissan, GoDaddy, and Puma to name a few familiar names people might recognise
Absolute state of this bubble.
Pic related is Linkies soon