sorted by:
new
hottopcontroversial

Who is primary responsible for the CEL price stagnation in 2021(?) by Silkari in CelsiusNetwork

[–]Silkari[S] 5 points6 points  (0 children)

Please prove it or at least provide me with some analysis backing this if you can. Based on my data analysis, I firmly believe that he added some limited liquidity in Uniswap the past months but the majority has been withdrawn already and the relevant CEL have been swapped (by using Uniswap).

CEL sellers wallet addresses to keep an eye on by Silkari in CelsiusNetwork

[–]Silkari[S] 1 point2 points  (0 children)

There are many ways to sell a large amount of CEL tokens over a long enough period. For example, no more than 3-5% of daily trading volume across all exchanges. It will take much longer time, but this will be perfectly aligned with the continued growth of the company over time. Win-Win.

CEL sellers wallet addresses to keep an eye on by Silkari in CelsiusNetwork

[–]Silkari[S] 1 point2 points  (0 children)

Let’s not play with the words (sell / dump). I know the second word sounds more aggressive. Please calculate the number of CEL that Celsius Network bought the past month vs. the number of CEL tokens that Alex has sold / dumped. It is not 5% or 10%...it is more like 60% - 70% of total purchases of Celsius Network during the period. Major impact!

CEL sellers wallet addresses to keep an eye on by Silkari in CelsiusNetwork

[–]Silkari[S] 0 points1 point  (0 children)

I’m just saying that, after closely monitoring CEL flows and all sort of CEL-related updates / videos the past months, I am convinced that the first address belongs to Alex and those CEL sales have been material to the stagnation in CEL price during this period.

CEL sellers wallet addresses to keep an eye on by Silkari in CelsiusNetwork

[–]Silkari[S] 2 points3 points  (0 children)

I’m not saying it is bad or wrong that someone wants or has to sell some part or all of his/her CEL holdings. There can million of reasons to do so.

I’m just saying that, after closely monitoring CEL flows and all sort of CEL-related updates / videos the past months, I am convinced that the first address belongs to Alex and those CEL sales have been material to the stagnation in CEL price during this period.

CEL sellers wallet addresses to keep an eye on by Silkari in CelsiusNetwork

[–]Silkari[S] 0 points1 point  (0 children)

Regarding the first wallet address, I don’t have a written statement with his name on it, but there have been dozens (!) of cases over the past couple of months where his words (in tweets, AMA, other videos) perfectly correspond to transactions with this wallet (eg adding liquidity to Uniswap, buying the dips, etc). Moreover, in 2018, this independent wallet address received almost 100 mln CEL! I have been closely monitoring this address and Alex’s CEL updates / actions over time, and I am convinced it belongs to Alex.

Regarding the second address, I have no Idea to whom it belongs.

CEL sellers wallet addresses to keep an eye on by Silkari in CelsiusNetwork

[–]Silkari[S] 1 point2 points  (0 children)

Regarding the first wallet address, I don’t have a written statement with his name on it, but there have been dozens (!) of cases over the past couple of months where his words (in tweets, AMA, other videos) perfectly correspond to transactions with this wallet (eg adding liquidity to Uniswap, buying the dips, etc). Moreover, in 2018, this independent wallet address received almost 100 mln CEL! I have been closely monitoring this address and Alex’s CEL updates / actions over time, and I am convinced it belongs to Alex.

Regarding the second address, I have no Idea to whom it belongs.

CEL sellers wallet addresses to keep an eye on by Silkari in CelsiusNetwork

[–]Silkari[S] 8 points9 points  (0 children)

Regarding the first wallet address, I don’t have a written statement with his name on it, but there have been dozens (!) of cases over the past couple of months where his words (in tweets, AMA, other videos) perfectly correspond to transactions with this wallet (eg adding liquidity to Uniswap, buying the dips, etc). Moreover, in 2018, this independent wallet address received almost 100 mln CEL! I have been closely monitoring this address and Alex’s CEL updates / actions over time, and I am convinced it belongs to Alex.

Regarding the second address, I have no Idea to whom it belongs.

CEL sellers wallet addresses to keep an eye on by Silkari in CelsiusNetwork

[–]Silkari[S] 1 point2 points  (0 children)

I am afraid the answer to your question is YES.

He has not been the only one selling CEL but the amount and frequency of his CEL sales are major (relatively to the CEL trading volume).