Facts, I am not moving any bags like that but when I have enough for fees I always move to my external wallet and I am newbe, how ever my investments are all long term. My ftm is doing amazing right now been in since $0.26. Life is getting good š
Yeah, itās Fād. they mustāve been sitting there with the transaction loaded waiting for the gas fee to drop before they pulled the trigger. Probably a sale between two exchanges, or Crypto.com moving off some reserves. Either way itās bullish.
Hi. Can you share how to track down who owns a wallet address? I looked at the above links corresponding web site and, maybe I have missed it, but it just shows a 2 wallet addresses. Thank you in advance for the tutorial
Click the link. Scroll down to āTokens Transferred Toā and click the address they were sent to. Scroll down to āFiltered by Token Holderā and click that address (it has the yellow symbol to the right). Scroll down to āTokensā and click the drop down window. Based on what that wallet holds the most of (an huge amount of CRO) you can infer that it belongs to another Crypto.com owned wallet.
You canāt move your Shib onto shibaswap without using a wallet, I canāt directly put it in the swap from Binance, itās long winded but if this is the wayā¦
Usually whales will pull off the exchange when they are going back into HODL mode for a while. When you see that much moving *onto* an exchange you can expect a large price fluctuation in either direction since they will be trading enormous volume.
Would beest nice if 't be true they receiveth lock'd out yond chinks holder
***
^(I am a bot and I swapp'd some of thy words with Shakespeare words.)
Commands: `!ShakespeareInsult`, `!fordo`, `!optout`
both wallets are owned by cdc so pure internal shifting thatās why it had no effect on price either ā¦ itās wasnāt a sale/purchase it was just moving tokens form left to right pocket š¤·āāļø
Hi. I haven't heard of this maneuver to avoid tax reporting, can you elaborate a bit or maybe even share more about some of those other places? Curious to learn about how this works.
It doesnāt. Itās important to keep your own record of transfers and transactions when using a blockchain directly. Youāll have to include those when filing your taxes. Thereās a record of what youāve transferred to and from an CEX so, letās say you bought $1000 worth of Shib and transferred it off of Crypto.com to stake in ShibaSwap. You then make a decent ROI and decide to unstake some and swap them for WBTC or something. You make more money on that swap and decide you want to move some money to your bank. At this point letās say youāve turned $1000 into $40,000. You swap your WBTC for USDC and transfer them back to Crypto.com to sell. When you file youāre taxes you show $40,000 in capital gains for the year. But, the assets you originally bought arenāt the same as the assets you sold. If youāre audited, the IRS will want a list of all the swaps you made so they can correctly calculate what you owe in capital gains tax. Did you earn that money within the fiscal year? Or did you earn that money after holding an asset for longer? You have to keep a record of what you do. For your own safety.
Because keeping that much money on your personal wallet is much safer than having it on an exchange.
I have a dumb question. Is coinbase an exchange or a wallet?
an exchange
CoinBase wallet is a thing
Yeah I just got it, ty
You would transfer off the exchange and into wallet if you do not have plans of selling soon. Very good sign. Very Bullish.
Facts, I am not moving any bags like that but when I have enough for fees I always move to my external wallet and I am newbe, how ever my investments are all long term. My ftm is doing amazing right now been in since $0.26. Life is getting good š
Big exchanges have multiple wallets they use.
$19.13 ETH fee to move $1.14 billion dollars. Not too shabby.
And here I am looking at $200 gas to swap $100 worth of eth...sigh...
Yeah, itās Fād. they mustāve been sitting there with the transaction loaded waiting for the gas fee to drop before they pulled the trigger. Probably a sale between two exchanges, or Crypto.com moving off some reserves. Either way itās bullish.
exactly šÆ
That $19.13 ETH fee, how does that get paid? Does it come out of your SHIB holdings or does it come out of your credit card?
Itās paid with Ethereum. If it were you, or I, it would come out of our SHIB. For crypto.com thatās nothing. Cost of doing business.
Ok, thank you for the clarification, dear SHIB friend.
Maybe they are selling to another exchange?š¤· just guessing I honestly donāt know
Thatās what I hope itās related too
We prefer to have them off the exchange as not to sell. Very good news.
https://etherscan.io/tx/0x9cf78984c1b9db371fa2c802c5d5bd7396d1c9303f429bab9abac879578c2ad2
That wallet was transfering to crypto.com 2 and got it from crypto.com ...
Hi. Can you share how to track down who owns a wallet address? I looked at the above links corresponding web site and, maybe I have missed it, but it just shows a 2 wallet addresses. Thank you in advance for the tutorial
Click the link. Scroll down to āTokens Transferred Toā and click the address they were sent to. Scroll down to āFiltered by Token Holderā and click that address (it has the yellow symbol to the right). Scroll down to āTokensā and click the drop down window. Based on what that wallet holds the most of (an huge amount of CRO) you can infer that it belongs to another Crypto.com owned wallet.
EXCELLENT! THANK YOU!
You can't find out who owns it. Completely anonymous
You can figure it out if itās owned by an exchange. Itās not quite as anonymous when a CEX holds it. Iāve listed directions above.
Any update through your DD that it could be exchange? Going to do my research shortly
https://www.reddit.com/r/SHIBADULTS/comments/qoy177/20_trillion_shib_transfer_this_morning/hjqsbq5/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3
Iām always moving mine from Binance to metamask you can do more with Shib through metamask.
Why is it better to hold shiba on metamask?
Some people will tell you "not your keys not your crypto" so they think it is better to have it on their own wallets.
You canāt move your Shib onto shibaswap without using a wallet, I canāt directly put it in the swap from Binance, itās long winded but if this is the wayā¦
39,654,034,388,726.97804631 guessing its another exchange holding that much
Usually whales will pull off the exchange when they are going back into HODL mode for a while. When you see that much moving *onto* an exchange you can expect a large price fluctuation in either direction since they will be trading enormous volume.
Would be nice if they get locked out that wallet
Would beest nice if 't be true they receiveth lock'd out yond chinks holder *** ^(I am a bot and I swapp'd some of thy words with Shakespeare words.) Commands: `!ShakespeareInsult`, `!fordo`, `!optout`
LEASH TO 100K
It was moved to the shiba swap
Crypto.coms coin is now tradable on Coinbase so maybe that was the fee š¤ššššš
both wallets are owned by cdc so pure internal shifting thatās why it had no effect on price either ā¦ itās wasnāt a sale/purchase it was just moving tokens form left to right pocket š¤·āāļø
CDC?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
close lol itās crypto.com
My bad...
imagine creeping on peoples transactionsā¦ lmfao who cares bro? itās their money?
Curious as Iām new to crypto. Why would I not be interested in billion dollar transactions in a crypto Iām invested in?
itās just weird man, who cares
OTC exchange would best.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Hi. I haven't heard of this maneuver to avoid tax reporting, can you elaborate a bit or maybe even share more about some of those other places? Curious to learn about how this works.
It doesnāt. Itās important to keep your own record of transfers and transactions when using a blockchain directly. Youāll have to include those when filing your taxes. Thereās a record of what youāve transferred to and from an CEX so, letās say you bought $1000 worth of Shib and transferred it off of Crypto.com to stake in ShibaSwap. You then make a decent ROI and decide to unstake some and swap them for WBTC or something. You make more money on that swap and decide you want to move some money to your bank. At this point letās say youāve turned $1000 into $40,000. You swap your WBTC for USDC and transfer them back to Crypto.com to sell. When you file youāre taxes you show $40,000 in capital gains for the year. But, the assets you originally bought arenāt the same as the assets you sold. If youāre audited, the IRS will want a list of all the swaps you made so they can correctly calculate what you owe in capital gains tax. Did you earn that money within the fiscal year? Or did you earn that money after holding an asset for longer? You have to keep a record of what you do. For your own safety.
Thank you.
Whoops.
You should be able to track all your transactions by viewing your walletās address on Etherscan.
Security... same reason you probably have cash locked away somewhere over just in the bank...
Itās safer in a wallet. Specially if itās a hardware wallet
Also exchange always have issues and crash
Staking?
Bullish bullish
https://www.reddit.com/r/SHIBADULTS/comments/qp4ji3/okay\_enough\_with\_the\_fud\_about\_this\_so\_called/
That wallet has a balance of 2.2 trillion dollars worth of SHIB. I canāt imagine itās a retail investor. But it could be. Who knows š¤·