/biz/ - Business & Finance

[Anonymous No.22242984]

Why are all the LINK big wallets selling?

[Anonymous No.22243019]

what site is that

[Anonymous No.22243020]

>>22242984
So I can buy it at 7$ and get fucking scammed anyways

[Anonymous No.22243042]

>>22242984
It's all going to AAVE for loans you blind nigger.

[Anonymous No.22243063]

>>22243019
Look again at the image! Just look!

[Anonymous No.22243070]

>>22243042
Sure sweaty. Any poof? No? Thought so...

[Anonymous No.22243084]

>>22243063
god dammit I'm retarded, my brain automatically filters out watermarks

[Anonymous No.22243086]

>>22242984
Because they already prepped the small stack cucks into not selling on Twitter.

[Anonymous No.22243115]

>>22243084
Its ok bro, watermarks generally go unnoticed

[Anonymous No.22243121]

>>22242984
OGs exit scamming Twitter
https://www.youtube.com/watch?v=3bJcqmpMYrI

[Anonymous No.22243166]

>>22243086
Old up the fuck is that
Is that some elaborate pajeet plan to dump link?

[Anonymous No.22243188]

>>22242984
The higher a token's value gets, the bigger risk it is to hold. If I had a six or seven digit stack, I'd be taking profits in the pump as well, especially if it seemed like it was going to retrace and at best crab for a while.

[Anonymous No.22243202]

>>22243166
those are chinks retard and yes

[Anonymous No.22243203]

>>22242984

That's a % of the total you dumb nigger brain. That doesn't necessarily mean any "big stacks" are selling. It means a bunch of linklet stacks have been eating up the %.

Fucking dumb shit.

t. 72k Link OG Never Sold a Link

$50 EOY

[Anonymous No.22243218]

>>22243166
Yes, all of the big LINK-related Twitter accounts were spreading that FUD.

[Anonymous No.22243232]

>>22243203
>not $1 in realized profit
>chuckling at memes for years
>proud cuck

[Anonymous No.22243252]

>>22243121
That song is pretty good, this guy has made like 4 link songs now right?

[Anonymous No.22243261]

I have dropped over 20 ranks during this shakeout stop lying cuck

[Anonymous No.22243285]

>>22243084
>>22243115

I still don't see it..

[Anonymous No.22243299]

>>22243285
santiment

[Anonymous No.22243319]

>>22243232

Post crypto stack poorfag.

I don't care how low Link drops. I'll keep stacking. Literally putting my house up for sale now to try to get to 100k. Too hard not to sell everything I own at these prices.

[Anonymous No.22243349]

>>22243203
It means the number of tokens held by smaller wallets has increased compared to the number of tokens from these big wallets. Unless this is due to the increase in circulating supply, this means that these big wallets sold to the smaller ones. Think again before replying from now one big brain

[Anonymous No.22243369]

>>22242984
because they didn't buy at $20 like the rest of biz

[Anonymous No.22243379]

>>22243319
>inb4 I'm financially ruined thread

[Anonymous No.22243386]

>>22242984
Maybe because the top for next 3 years was in? Maybe they rebuy around 3-5$?

[Anonymous No.22243435]

>>22243319
>house meme
2/10 bait

[Anonymous No.22243451]

Probably just realized LINK is a scam and loading up on XRP, the standard.

[Anonymous No.22243473]

>>22242984
T

[Anonymous No.22243504]

>>22243299

Thanks

[Anonymous No.22243567]

>>22243349

Read what I posted again anime faggot. It doesn't necessarily mean it's the big stacks selling. Could be the medium stacks selling to small stacks. More likely it's the "big stacks" splitting up their Link stacks into separate wallets to be safe (I've done it). Basically, it's a completely brainlet tier shitty metric to look at for any meaningful info.

Also, wouldn't make me mad if they are taking profits. Just means I'm climbing up the Link Elite leaderboard.

Keep on fudding though poorfag, I'm sure you'll get your suicide stack soon if you can fud the price down a little bit more.

[Anonymous No.22243579]

>>22243349
It is going by link holders, isn't the % based on total number of holders with a wallet that size? If that is the case, wouldn't new wallets purchasing link have to cause that total to lower simply due to the total amount of link wallets increasing? Sorry if brainlet take.

[Anonymous No.22243625]

>>22243579
no it's by % of coins held

[Anonymous No.22243647]

>>22242984
No one is selling, there are many new nulinkers, that's why the whale percentage drops.

[Anonymous No.22243663]

>>22243567
no, stacks<10,000 selling to smaleer stacks would not affect this %

> big wallets splitting their stack
yes, that could explain it. But you're only assuming here

[Anonymous No.22243681]

>>22242984
The jig is up. Pack up Moshe and crew, its over for you chainkike shills.

[Anonymous No.22243688]

>>22243203
This. My rank has been the same all week fwiw and I’m in the top 1000 wallets. No one in front of me is really selling or if they are it’s not enough to bump ranks. I’m up as a whole in ranks this whole bull run, but what I’m strictly speaking about is since we were at $17 until now, my rank hasn’t budged not even 1 fucking slot

[Anonymous No.22243691]

>>22243647
see >>22243349

[Anonymous No.22243707]

>>22243261
Make that 30 ranks now someone is stacking links atm

[Anonymous No.22243718]

Why do you guys get angry when people "exit scam" you? All you ever talked about was when link or fun coins or your digital spring rolls get to X number of dollars you will sell and get a lambo. Exiting with a profit is all you guys want to do with a token because you know it has no intrinsic value. You're angry at people wanting to do the exact same thing you all plan on doing. Only issue is you got in on a lower strata of the pyramid scheme.

Your hypocrisy knows no bounds

[Anonymous No.22243751]

>>22243663
So are you.

[Anonymous No.22243772]

>>22243718

Literally 95% of actual Link holders say they are never selling and will live off staking gains.

Kill yourself newfag nolinker.

[Anonymous No.22243788]

>>22243625
I see. What are we looking at then? From what I can see, its only shifted a percent or two in the last year, fractions of a percent in this recent "crash". Which logically makes sense, some people are going to take profits at some point even if they aren't going to sell their stack, but nobody who is new is going to be able to buy into a 10k or 100k stack, so anytime someone leaves the 5 or 6 digit link club moving forward, they're probably gone forever.
Unless you legitimately believed that nobody would take any profits all the way up to $1000?

[Anonymous No.22243830]

>>22243751
no u

[Anonymous No.22243834]

"OG linker" here... im in the loop on things

I'm tired of how toxic the link community has become so heres whats happening.

Most big time linkers are still long term bullish on the project, but they are taking profit during this market volatility with the intention of buying back lower.... yes the ogs are swinging their link

We're all gonna make it... but it just might take longer than we expected.

[Anonymous No.22243839]

>>22243788
Fuck I'm stupid I forgot people are yield farming as well, so that's probably going to fuck with these numbers, as the only people that are going to probably risk that shit are the ones with big stacks.

[Anonymous No.22243907]

>>22243772
How many do I need to make good stealing money? I’m talking at least 2k a month?

[Anonymous No.22243910]

>>22242984
>link distribution is dwindling because of newfags
>Why are all the LINK big wallets selling?
Nice try you fucking retard. Supplies are drying up to the point that exchanges need to borrow links from each other.

[Anonymous No.22243974]

10k+ stacker here
not selling
in fact going to take out loans before 2021 to buy more

[Anonymous No.22243994]

Now, what's really interesting is pic related. What's going on with institutional wallets?

[Anonymous No.22243999]

>>22243070
So there's no evidence either way and you assume the negative? Alright, you're just as retarded as the other guy, congrats.

[Anonymous No.22244002]

>>22243772
thank you for reminding me of my true goal
this recent market dip had me 30% shook, but reading this i remembered my purpose is to never sell and live off the staking gains
thank you anon, my family's future financial security thanks you as well

[Anonymous No.22244024]

>>22243999

[Anonymous No.22244112]

>>22243994
That is interdasting. I'm just humbly waiting on the sidelines hoping this dip lasts another couple months, would be nice to get out of the 6k's and top 7k link. 10k probably is out of reach but a man can dream.

[Anonymous No.22244135]

>>22244024
Why did you post a picture of yourself?

[Anonymous No.22244145]

>>22244002
It's pretty fucking hilarious that you think a digital token is going to give you an interest rate you'll be able to live off

[Anonymous No.22244167]

>>22244024
>being a hapless brainlet AND ignoring trips of truth
go back to your discord

[Anonymous No.22244171]

>>22244145
Weak fud

[Anonymous No.22244195]

number of wallets increases -> big wallet % decreases

[Anonymous No.22244200]

I’m not selling ever
But if you don’t see this sub 7 by election you’re a fuckin retard

[Anonymous No.22244247]

why would a functioning human being unironically hold this shitcoin

no retarded "x$ EOY" posting, what the fuck is the actual value in owning this unoriginal chainlink(tm) api token? it had a 20 billion dollar market cap at 20$, being that sirgay owns like 70% of the tokens in his fat fuck whale wallet, if he didnt hand it over to the chinese already.

I like that biz memers were able to make some money(assuming you faggots actually take profit) on this, I also held from 2-4.5 and made a pretty penny

[Anonymous No.22244248]

>>22243994
Mother of god

Stalking soon?

[Anonymous No.22244283]

>>22244112
>I'm just humbly waiting on the sidelines hoping this dip lasts another couple months
You had three years bro

[Anonymous No.22244319]

>>22243994
What did they mean by this?

[Anonymous No.22244343]

>>22243688
That to me indicates that massive players are selling. People that have so much link that selling millions of link doesn’t change their ranking. Everyone who’s buying are likely new fag boomers who saw link in the news and can only afford stalks of 2,000 at most

[Anonymous No.22244369]

>>22243718
Good post but linkies are brainwashed and mentally ill. They will only wake up to reality once they have lost all their money. It's going to be beautiful once that happens

[Anonymous No.22244448]

>>22243830
nico bully gf

[Anonymous No.22244520]

>>22243567
it's this, medium small stacks selling. look here

https://chainlinkecosystem.com/ranks/

the end triangle & number on the right is the monthly change, look where the decreases are. also this was predicted, people with a smallish to middling stack more likely to sell early

[Anonymous No.22244526]

>>22244283
I know. Still going to accumulate what I can now, don't care.

[Anonymous No.22244542]

>>22243994
So, what's the lesson here?

[Anonymous No.22244699]

>>22244542
accumulate son. accumulate.

[Anonymous No.22244765]

I took my time to checked top 30-75 wallets. here is what i found.

11 wallets out of 45 are accumulating link.
go ahead check them out. almost all buy are happening in the last 2-3 days.

0x2eE555C9006A9DC4674f01E0d4Dfc58e013708f0
0x06fEd18718975D9e178e0C0Fea35c18eac794c3f
0x348959862fb87439E2dD00178354B519611a903F
0x19184aB45C40c2920B0E0e31413b9434ABD243eD
0x61189Da79177950A7272c88c6058b96d4bcD6BE2
0x24434ebF296C2F9cd59b14412aae5C4ca1d5Aad2
0x0D4f1ff895D12c34994D6B65FaBBeEFDc1a9fb39
0x74Ffdb7CF267139954c9813091286FB9e707BF59
0x2dEaDCE6c0bCAdA04390b76fdBeB5623D13Ee817
0x5Ad431BA1B3AFEF7027786608d4Ab8017D778D02
0x4eB002109E985e1bD8738E30BE7FACC3818B19a3

Million of Link is being accumulated RIGHT now. do what u want with this info. ps. only 1 wallet were selling for out of those 45.

[Anonymous No.22244898]

>>22244765
agreed, wallets > 1Million seem to be accumulating, see >>22243994

[Anonymous No.22244949]

>>22244898
Ah stoppp I liked it better when this was a fud thread

[Anonymous No.22244950]

>>22244765
they will never get my linkies (maybe for a quadrillion dollars)

[Anonymous No.22244970]

>>22244135
>>22244167
I was checking trips you fag

[Anonymous No.22245124]

>>22244949
Well, big retail wallets (OGs) seem to be selling, so there's that. But yeah, institutions are accumulating, probably setting up nodes, or that might also be due to defi pooling idk

[Anonymous No.22245157]

>>22245124
look brainlet
>>22244765

[Anonymous No.22245267]

>>22245157
God bless you anon for spoonfeeding a newfag even though the info is only like 4 posts up

Link $1077EOY

[Anonymous No.22245317]

Exchange balance is lowest it has EVER been. I don’t think anyone except weak handed fomo bags are selling right now.

[Anonymous No.22245334]

Its actually because your chart is in percentages those with over 1M link have accumulated more causing the % ownership of those in the lower brackets to be reduced so thats why you think they are selling.

[Anonymous No.22245369]

>>22245317
imagine how many retards are going to be priced out when exchanges pull the buy trigger

[Anonymous No.22245399]

>>22244765
yeagh everybody knows, even the spamming chinks. Remove funds from every chinese exchange. Have them collapse like their country is collapsing

[Anonymous No.22245466]

>>22245369
brainlet fomo investors get what they deserve and do not deserve to make it

[Anonymous No.22245473]

>>22244898
>>22245317
>>22245334
>>22244765
So then why are we crashing? Doesn’t lower supply mean higher price? Or is Adam smith a retard?

[Anonymous No.22245504]

>>22243188
This is quite a delusional answer. Keep holding until the dump is finished to low single digits and be endangered to suicide for your later life.

[Anonymous No.22245538]

>>22245317
I hope it goes even lower so I can buy a juicy stack. There is big movement there.

[Anonymous No.22245571]

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[Anonymous No.22245579]

If the 10$ support breaks things will start to get interesting. We have 25cents to go.

[Anonymous No.22245605]

>>22243070
Oh, you're a fudster.
Carry on.

[Anonymous No.22245606]

>>22244765
following the wallets is the best way to figure out this mess
and as per usual, link is simply unfuddable

[Anonymous No.22245772]

>>22243834
notice how no one replied to this comment? they dont want you to pay attention to me. its so tiresome...

[Anonymous No.22245801]

>>22245605
kek
OG's always understood retail money is pointless (not an OG just lurked enough to pick that nugget up)

[Anonymous No.22246060]

Fuck half of me wants to fomo in and just get 5k worth now, where is the fucking bottom? I'll do it.

[Anonymous No.22246110]

>>22245473
Why aren’t you guys answering my question?

[Anonymous No.22246150]

>>22246060
Don't try to catch a falling knife

[Anonymous No.22246167]

>>22245473
>>22246110
Because no one wants to spoon feed you. Please just hurry up and sell and get off this board

[Anonymous No.22246224]

Big wallets are NOT selling. I'm in the top 300 and my position hasn't changed in weeks.

[Anonymous No.22246240]

>>22244765
A top wallet has been adding 4k link per day since March.

Weird.

[Anonymous No.22246268]

>>22246240
Maybe their way of doing dollar cost avg

[Anonymous No.22246279]

>>22242984

I'm glad this is happening sooner than later. If LINK were approaching a very high price and there were still a small number of wallets holding such large amounts, I would be very concerned. This is good imo--- it means LINK will be a little more evenly distributed among wallets and not so top heavy

[Anonymous No.22246288]

>>22244283
Linkies gonna get rest on this one
it literally even says and beyond

[Anonymous No.22246336]

Most link is held by few wallets. Link also is not even supposed to be an expensive coin, you'd be retarded for holding many coins for much longer, everything will crash hard in the next few weeks.

[Anonymous No.22246389]

>>22245473
it's called market making theory.

[Anonymous No.22246483]

>>22246224
This

Ive got about 240k LINK
My rank number holding steady for months at #147
Was at #161 end of 19

[Anonymous No.22246484]

>>22246150
I couldn't wait, grabbed me a 100 more, 6500 now... we'll see where we go from here, if I end up over 8k by December I'll be thrilled.

[Anonymous No.22246582]

>>22246110
Because they dont realize tis really a scam

[Anonymous No.22246690]

>>22246110
Pay attention to >>22246224
the price is crashing because the greater market is crashing and retail fomo bags are capitulating. People who understand that this is happens multiple times throughout every market cycle, understand the tech, and are investing for the long term do not care about this dip and are taking LINK off exchanges. This includes top wallets who are continuing to accumulate. Price and market movements do not change that this is revolutionary tech with huge disruptive potential—there’s a good reason it went from rank 150 to 5 and was the top performing asset by a long shot during the one of the bloodiest bear markets. You think it’s an accident this coin has one of the most adamant FUD campaigns?

Retail fomo bags dropping now will look at the chart dumping past their exit, satisfied because they’re so smart, it was going to 0, etc., and then fomo back in once again in the next run up, cursing themselves “why did I sell.” Happens every market cycle

[Anonymous No.22246706]

>>22246288
Except it’s not

[Anonymous No.22247279]

Fucking hell I've already bought 160 during this dip and my ethplorer rank is still dropping all you niggers are outbuying me

[Anonymous No.22247292]

>>22246690
Know of any good wallet app for link?

[Anonymous No.22247319]

>>22242984
you're just withnessing to the SIRGAY BETRAY PATTERN IN ACTION

[Anonymous No.22247335]

>>22242984
cause they are a terrified bunch of pussies that should've sold higher. Now, being the pussies they are..they are bout to get fucked.

[Anonymous No.22247419]

>>22243203
Big wallet here. I have gradually divided up my stack so it isn’t all in one place. I’m not selling

[Anonymous No.22247590]

>>22243070
he's right, just look at the top 20 aLINK wallets

[Anonymous No.22247604]

>>22243834
Link owner since ICO here, that’s exactly what I’m doing.

I dumped half my LINK in early 18 at the last peak, and I dumped the rest last week at $15-$16.

I’ll be back at $4-5.