Jump to content

A chart of aggregate XRP holdings by the BearWhale


Recommended Posts

  • Replies 481
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Just cause I'm bored and I already had almost all the code I needed to generate it, here's a chart of the XRP held by the collection of accounts known as the BearWhale, originating at address raZt9CZH

Actually my thoughts exactly! Chris Larsen supposedly donated 7bn XRP to RippleWorks   1) Address that activated BW account: https://bithomp.com/explorer/rwSy4ZmW1hvpziYyeVQ35yhMTY

Update on 8/13: rH5AgjpTd6fNhTTA4ATnSpznAzsS94JjKh - 14.5M rLTsSbzhrr1MAXSWpzFBtS2bi4dFb6bpWL - 2.5M rMwhLJ8VvvZq2PsfC9PBigZY5UWDj5jpHr - 50M rJfoXNyaaWAiag3R7t9oa3UqyRa663qTrc -

Posted Images

 

1 hour ago, corak said:

Just cause I'm bored and I already had almost all the code I needed to generate it, here's a chart of the XRP held by the collection of accounts known as the BearWhale, originating at address raZt9CZHwHiAPZPWGLZ4bQJG91Jmdbjccm with about 1.08 billion XRP.

Chart is from start of 2018 to around yesterday.

I couldn't conveniently overlap a price/vol chart into it but most of the heavy dumping was done into volume spikes, usually during rallies or bounce backs. He dumped a lot in the last 48 hours, we had high volume, the dump before was into the Coinbase rumor, etc. 

The BearWhale has about 340 million XRP remaining. At current rate, the dump should complete by the end of April.

bearwhale.thumb.png.3fdd9be7d98e938d196ec8cb58bd89bc.png

Nice work. I'm curious, could you make one including 2017 as well? For example I'm curious what his (or her) behaviour was around bike spikes like april '17 and december '17 (did he stop for a while during those spikes or did he temporarily stop right bedore the spikes causing the rise, let's say because of a holiday:)). Maybe mapping the price in 1 chart to see if there are correlations could be intersting as well.

Edited by Amigo
Link to post
Share on other sites
4 minutes ago, Toroth said:

Is there a way to find out how it's being sold (exchanges, personal wallets, ect.)?

I mentioned it in the OP I think. The outflow is directed at a small number of accounts on Bitstamp and Bitfinex. There's no way to trace it any further...

Edited by corak
Link to post
Share on other sites
Just now, Amigo said:

 

Nice work. I'm curious, couls you make one including 2017 aa well? For example I'm curious what his (or her) behaviour was around bike spikes like april '17 and december '17 (did he stop for a while during those spikes or did he temporarily top right bedore the spikes causing the rise, let's say because of a holiday:)). Maybe map the price in 1 chart to see if there is a correlation.

This stash has been shuffled around a little bit but has not touched any exchanges or some other form of trading activity before Jan 2018

Link to post
Share on other sites
9 minutes ago, Vader-DeWelt said:

Heh. BW could wait until the account was empty, and watch the ensuing pump

and then sell the other account he's been hiding. I mean isn't that what you'd do if you were ....

 

        .... BEAR WHALE

Yeah imagine if all those exchange accounts never really sold anything, then when it rallies in May, he will sell it the way the BTC BearWhale from 2014 did :biggrin:

Link to post
Share on other sites
1 hour ago, tulo said:

The speculators will say it's Ripple trying to manipulate the price :)

What if the bearwhale accumulated his stash with a use of USDT(could be fraudulant $$ created out of thin air), and dumps his stash carefully as new (real money)income comes in to siphon it out? <_> 

Link to post
Share on other sites
Just now, Mr_McFearson said:

What if the bearwhale accumulated his stash with a use of USDT(could be fraudulant $$ created out of thin air), and dumps his stash carefully as new (real money)income comes in to siphon it out? <_> 

This stash predates the existence of USDT I believe.

Link to post
Share on other sites
10 minutes ago, Trickery said:

@corak could you do a correlation of sells to market volume as a percentage? This would give a pretty good indication of whether or not it is ...........

Got really crappy vol data, but it'll do. Also: early part of the blue chart is choppier because I didn't track enough sub-accounts. It should've been smoother like in the right side - so it doesn't accurately show the rate of movement into the exchanges themselves. With that said -

bearwhale.thumb.png.183de81fe5556c361d6b5cf233635ad5.png

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.