A hypothesis of why altcoins may be going up has a lot of potential explanations, but in this video I attempt to explain why I believe it is possible that Plus Token is using some of its capital it made from selling Bitcoin to pump the price of altcoins to offload them when they get high enough.
PLUS token moved 790k ethereum right before the market reversed in December.
https://whale-alert.io/transaction/ethereum/35ee925c88175e8f77468e7b37a6e46326048ce5088f8fb2738daadec0818d8c
ETH Address:
https://etherscan.io/address/0x997114ca0830e9bee7443368fa27f4af2d4e55a6
PLUS TOKEN EXPLAINED:
https://bitcoinmagazine.com/articles/how-the-plustoken-scam-absconded-with-over-1-percent-of-the-bitcoin-supply
BITCOIN ADDRESSES:
14BWH6GmVoL5nTwbVxQJKJDtzv4y5EbTVm Total 95,288 BTC received
31odn4bxF2TgM4pD7m4hdSr1vGMsjh9ugV Total 68,562 BTC received
33FKcwFhFBKWHh46Ksmxs3QBu8HV7h8QdF Total 37,922 BTC received
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I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me.
Don’t invest money you can’t afford to lose. There are no guarantees or certainties in trading. My videos may contain affiliate links or sponsorships to products I believe will add value to your life and help you in trading. No matter what I or anyone else says, it’s important to do your own research before making a financial decision involving cryptocurrencies.
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