ETH Whale propping up the wLEO market.

in #wleo4 years ago

mspminnowsupportprojectwhale.png


LEO is trading at all time highs again due to 25 ETH being pumped back into the pool.


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Seems like the market is being tested, and we are passing.

So every time wLEO dips this account seems to pump 25 more ETH into the pool, bringing us back to ATH. This account must be pretty confident they aren't going to get dumped on to keep up this kind of buying pressure. Then again, considering this wallet has TWO THOUSAND ETH in it... these aren't big risks relatively speaking.

0x7015d4f5f0deac0023dfe7f384dcbd878ecb223b

This wallet is propping us up, and it has almost 4 times more ETH inside than the ENTIRE wLEO pool at the moment. The wallet has only existed for 12 days... pretty much the entire lifespan of wLEO. I wonder who it is... hm.

Where did the 2000 ETH come from?

Now this is somewhat interesting... 11 days ago this wallet received ETH from 2 other wallets to get the 2000 ETH balance.

https://etherscan.io/address/0x1ca9d674b40c17795adbb67e6cbfd6cce3cd3d23

https://etherscan.io/address/0xe88eae05bdfa89da7b5460a8bda6f75b2c35d5a0

Each of these wallets only has 2 transactions.

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The first is cash out funding from Bittrex.

1723 days ago (4.7 years)

The second is transferring to the wallet in question.

This money has just been sitting around for ~5 years and only now is being used to prop up the LEO market. Pretty crazy. If I wasn't such a slacker I could probably find out the Hive wallet it's connected to. If anything, Bittrex certainly knows who this is. I imagine they have a lot more holdings than 2000 ETH that's just been sitting around for 5 years, that's for damn sure.

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Implications

This account is slowing buying into the market and possibly testing the waters. Many of those pumps are just as big as the last couple of dumps we've seen. Perhaps this person is trying to fleece out weak hands and seeing if the market will panic. We haven't; we won't. All LEO whales are holding strong. Good job, fam.

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You really need to come to leo discord. Havent seen you there :)

Its our freind @onealfa

ha

Aha... he is a long time hiver :)

WHoa, not bullish, the next.

2000 ETH not moving since ~5 years... and now purchasing 'slowly' LEO.

Incredible. Can't wait to see what happens

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🤪😛😂😄

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giggity.

What if that whale has a friend?...🤔. Hope so.
I just also hope it's not someone using that ETH solely for pumping and dumping on WLEO.
You really have miner skills by the way, digging into this whale's wallet and trails.

It might be me.

25 Eth? That's a whole lot of money there. I can se wLeo has responded quite nicely but then let's we're all withstanding nicely I think we'll keep holding on. I like the fact that the wLeo responded to the pump

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I suspect we will get to $400k total liquidity in the very near future, and probably then go for $500k. It gets easier and easier if leo and ether prices are going up as well. :)

Strong hands...

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This is impressive to see wLEO has whale friends now. Very promising that 500k is reachable ...

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