/biz/ - Business & Finance

>>20414140
this is not a fud just want some answer:
>the pump is obvious not retail traders(some say grescale..)
1-aren't all the big investor like Greyscale buy OTC (the did this for btc/eth and bought OTC from miners,bitfinex), why would they buy directly from exchange and risk pumping the price?
2-doesn't chainlink has the option for companies to buy directly from their reserve for a big discount, why would any big investor buy from exchange specially in such short period of time (raising the price before he can accumulate the needed countities)?

>link has 1 billion daily volume on binance alone
>meanwhile only have 30 million active volume in the LAST month (according to https://app.flipsidecrypto.com/cooperative/chainlink))
3-so can anyone explain this?, is it wash trading? are big players really keeps their Link on exchange for whole months? i don't think so

>>20415333
this is not a fud just want some answer:
>the pump is obvious not retail traders(some say grescale..)
1-aren't all the big investor like Greyscale buy OTC (the did this for btc/eth and bought OTC from miners,bitfinex), why would they buy directly from exchange and risk pumping the price?
2-doesn't chainlink has the option for companies to buy directly from their reserve for a big discount, why would any big investor buy from exchange specially in such short period of time (raising the price before he can accumulate the needed countities)?

>link has 1 billion daily volume on binance alone
>meanwhile only have 30 million active volume in the LAST month (according to https://app.flipsidecrypto.com/cooperative/chainlink))
3-so can anyone explain this?, is it wash trading? are big players really keeps their Link on exchange for whole months? i don't think so