The Ethereum Foundation sold at the top, twice

Pekelo

Pekelo

Some guys have all the luck, and occasionally, the skills too...

https://www.newsbtc.com/news/ethere...e-top-again-did-they-know-something-we-didnt/

"Apparently, the Ethereum Foundation employs incredible traders. Once again, they managed to cash out at the very top. On November 16th, ETH was worth an all-time high of $4891. On the very next day, the Ethereum Foundation sent 20,000 ETH to Kraken and sold them. Is this suspicious at all? Not per se, but this is the second time that they pull the same magic move.

....

Not only that, he warned them, “They cashed out 35k ETH on 17th of May this year, marked on the chart. On May 17th the price of ETH was near its previous peak. And after the Ethereum Foundation sold, ETH trended down for months and months."
 
https://www.sportingnews.com/us/nfl/news/odell-beckham-contract-bitcoin/1e230f0aiwmqa12sxjoxsne7xp
a few NBA players also wanted to take some of their pay in bitcoins too. I think it's a marketing scheme.
some nouveau riches in third world countries also have fell for bitcoins hook, line, and sinker.

Paid-inbitcoins.png
 
Is this suspicious at all?
More...

I think it's rather expected? Any time there is a large sell order by a high-profile person in crypto, it causes negative sentiment in that market.

On the flip side, look what happens when the same person buys a large order. Then we have the opposite behavior.
 
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