Top 7 holding LINK wallets are the devs wallet. 350,000,000 for the team, and wallets 2-7 started with 50,000,000 each for incentives. Wallet 7 has sent out a total of about 8 million tokens so far. The last chunk of 5,000,000 was sent to a wallet that sent 1,000,000 to binance 17 days ago. I'm thinking the 5,000,000 might be for a new exchange. bittrex maybe? I'm still trying to dig through the other transactions from wallet 7 because anything sent from there is directly from sergey and steve.
As you can see in the image, 1,000 LINK was sent as a test transaction and then the remaining 999,000 for a total of 1,000,000 tokens exactly that went to Binance. Then 3 days ago 5,000,000 tokens entered the wallet and 600,000 were sent to a different address. Weaponized autism indeed. Still digging through some of the other transactions
Adam Garcia
Is Rory online in slack?
Adam Myers
>zoom in >enchance >re-render >zoom in again >rotate
its pajeet i knew it
Liam Flores
My guess is devs->binance cold storage->binance hot wallet
Carson Bennett
>999,000 for a total of 1,000,000 Do you know why faggot? Its because 1 LINK was sent to the Bittrex test wallet!! Case solved fagget
Easton Howard
why would the devs send tokens to any exchnage tho?
Adam Watson
The wallet that received the 600,000 also holds 23 other shitcoins in varying amounts
Christian Green
To sell them you retard
Ethan Cruz
Exchanges need a starting balance of tokens when something new gets listed in their hot wallet for when people make withdrawals. However the tokens were sent 17 days ago to binance. Was this when biz pulled all of their tokens out at once?
Carter Harris
Just sold 2 shares of GOOG(Alphabet) That I purchased in 2014 and purchased 10 000 LINK on Binance. AMA
Jaxon Johnson
Wait why are you so sure Sergey sent this?
Colton Scott
how'd you become such a financial genius
Jack Scott
You are the retard They have 32m from ico they could sell the tokens on binance how they can sell the tokens on an exchange that hasn't listed the token anyway unless you mean sell TO an exchange? at what price? why would they do it anyway?
so then my question remains, at what price did the devs sell those tokens to an exchange? did they just borrow them for the start? Why does an exchange need a staring balance? if you can withdraw tokens it's means they're yours, you bouht them from someone who deposited them first. It's not like you buy anything from the exchange itself maybe a small test amount would make sense, but thi really doesn't
Thomas Jenkins
because wallets 2-7 started with 50,000,000 each for a total of 300,000,000 to be handed out as incentives as per the white paper. Thats why i highly doubt the million that was sent to binance was for selling purposes. i mean its only like a measly 150k dollars or something anyways. They got 32 million from the ICO already.
Benjamin Nelson
What do you think of pepe baller?
Luis Watson
What do you think**
Nathan Lee
A lot of tokens from the receiving wallets of #7 have been moving around a lot this past week
Jason Hall
WHAT DOES IT ALL MEAN AM I ABOUT TO BE RICH OR NOT
Ayden Long
Ho Lee Fuk
Christian Foster
Looked into it. Interesting. Don't know what the fuck is up. Maybe they finally hired a new dev and sent some to him/her? Would make sense since there's other shit in the wallet as well. Could check if this wallet has done transactions with more than one exchange. We could rule out the possibility of it being an exchange wallet
Jacob Jones
Nobody is selling tokens to an exchange faggot. To list a coin Bittrex or any other exchange they require at least 1/2 a million coins for liquidity.
Aiden Garcia
>accept a new job >agree to get paid in Link
lmao there is no way anyone would take this shit as payment right now, it's hovering on 2k sats with literally no buy support, the dude is getting paid in eth or cash
Ian Kelly
They probably pay with cash I'm not a fucking idiot like you seem to be, but for sure they would also give out some link too. Stay poor, stay foolish
Kevin Brooks
This is the dumbest shit I ever heard. Binance lists random tokens out of the blue without even contacting devs. You're telling me they go on etherdelta first and buy up 500k tokens? How would someone be able to withdraw more than went in if the system is working properly?
Josiah Cooper
If they were some type of incentive they wouldn't give them to a new dev his first month on the job, they would give them to him after 6 months or a year or something, like a performance based stock option.
Jackson Nelson
WHEN WIL YOU GUYS JUS SMARTEN UP
Sebastian Russell
Sounds legit. What do you think this is then user? You fucking piece of shit, lol
Eli Johnson
Truth: new hire learns the details of chain link and decides to dump his coins on binance. Get ready for pink wojaks.
Lucas Clark
Hard to say, but Link has been trading on Binance a lot longer than 17 days so the theory about it being used as some kind of reserve fund to list the token seems kind of retarded, only makes sense it's some dude selling. I feel Sergey should speak out when he chooses to send millions of tokens, I'm actually kind of pissed because I didn't know he started using those already. He should have some kind of monthly summary on tokens sent from the Link wallets and what they were for.
Maybe it's Rory dumping on us.
Christopher Watson
lucky link holders, the billionaires of the future
Noah Lopez
All of the coins in the 600,000ETH wallet apart from the last three have been listed on Bittrex.
Chase Clark
600,000 LINK wallet*
0x80D63799b1e08a80f73FB7a83264b5c31600bF3a
Colton Torres
Yeah but there's no fucking way they are listing hello gold or VIU.
Nicholas Clark
Link holders are absolutely obsessed. This is reaching insanity levels and it's hilarious to watch. It's like a fucking crypto cult.
Angel Brown
Fucking kys for giving me anxiety
Brody Carter
Kinda psycho but im happy to see /biz hasnt lost interest. - SN
Ian Reed
Shut the fuck up faggot, we are listing on Bittrex on Monday and Poloniex is coming next week. -SN
Aiden Anderson
Buy it up and join the cult , we're getting $25/coin by next yr
Christopher Wilson
the wallet that sent the majority of those tokens is really fucking weird
Holy shit man look at the wallet that sent the VIU. It has 92,000,000 VIU tokens in it. This must be their teams reserve tokens. We are definitely onto something here.
I bet theres more reserve wallets that these other tokens got sent from too. That was the first one i checked after chainlink
Aaron Cook
And the fucking 10,000,000 datacoin tokens that the wallet received came directly from the original datacoin wallet. It was literally the only token transfer from the wallet, ever. This is crazy.
John Perry
Nice find user! It could be a whole new exchange.
Jaxson Ward
accumulate
Daniel Anderson
So does this mean a moon mission is coming?
Matthew Gomez
Yeah, it sent the same set of tokens every 3 hrs to different wallets
Samuel Roberts
The exact opposite, more coins will devaluate the price of every individual coin.
Luis Reyes
Just the VIU airdrop though?
Matthew Morgan
Also could be insider trading. Some whale group buying straight from different teams and then distributing to members
Isaac Price
Devs getting ready to dump their bags. Exit scam confirmed
Colton Thompson
but this implies it will be on bittrex.
Henry Gray
Link awakening. Rising from the foggy FUD
Once Chainlink starts to moon it will be as impossible to obtain as $50 Ethereum.
People are awakening to the fact that coordinated FUD has been fogging their perception of reality.
Good luck user
Jeremiah Nelson
>How would someone be able to withdraw more than went in
Do you understand how exchanges work user?
Jason Lewis
What are you talking about man there is a max total supply
Brayden Mitchell
oh my! thank you skeleton
Nathaniel Hall
Rory is paid in LINK. He confirmed this on slack after ICO. And we all know how fucking useless he is. Fucking cuck.
Jack Hernandez
ALL you have to do is use your fucking brain to understand that this is a shitcoin. I'm so god damned tired of this shilling for shitcoins. FUCK YOU BIZ, FUCK YOU ALL. 2 fucking employees that don't communicated other than OH BTW WE HAVE TO WRITE THE CODE IN A NEW LANGUAGE FROM SCRATCH. HOW THE FUCK CAN YOU SHILL THIS CRAP?
Joseph Bailey
>OTHER shitcoins
REEEEEE
Colton Edwards
It's him anons. . .
It's the bog
Eli Adams
need a quick rundown here
Chase Wright
The 5mil is a cold wallet
Angel Gomez
did we figure anything out here?
Kevin Ortiz
Dont tell me i got involved with the Bogs.........