ParametricTrading

Watching the Whale Wallet

BITTREX:BTCUSD   Bitcoin

In following the movement of large amounts of BTC onto exchanges, I noticed one wallet in particular (3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS) was moving large amounts of BTC onto exchanges prior to relatively significant declines in BTC's price. Tracing this wallet revealed it also receives large deposits and is a fairly significant wallet on the blockchain. Full details of the wallet can be viewed here:https://bitinfocharts.com/bitcoin/address/3Kzh9qAqVWQhEsfQz7zEQL1EuSx5tyNLNS

This script takes the data of significant BTC moves in and out of this wallet and places it on a chart to facilitate a visual comparison of wallet movements and BTC price movements.

Penafian

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