Posts

Firesale on CUB? CUB at $0.20 — Who Keeps Dumping It?

avatar of @curatorcat.leo
25
@curatorcat.leo
·
·
0 views
·
1 min read

Seems like there may have never been a better time to buy into CUB.

I happened to be watching "live" when something suddenly happened to CUB. I thought it might have been a glitch, so I double checked.

I a matter of moments, we went from THIS:

(Source: Screen shot from Coinmarketcap)

And then it was this:

(Source: Screen shot from Coinmarketcap)

From the looks of things, some "whale" just dumped about 100,000 USD worth of CUB in a single transaction.

Profit Taking? Hardly...

Since this represents a new all-time low for CUB, I'd hardly call this "profit taking," so much as simply a "dump."

Which leaves the lingering question of whether this is a great opportunity to snatch up some CUB at "firesale prices," or an alarming sign that someone with a large stake "knows something" the rest of us don't.

I'm also pondering whether this is a long term HODLer calling it quits, or someone who bought in during the recent run-up ahead of the POLYCUB release.

Really trying to make sense of it... by bailing out of — give or take — 400,000+ CUB, this individual is also bailing out of a substantial chunk of the POLYCUB airdrop, probably close to the tune of about US $85K or more.

Just opening this one up for discussion! Or... should the seller want to fess up... what's you're line of reasoning, here?

Thanks for reading, and have a great remainder of your weekend!

=^..^=

CuratorCat 12-MAR-2022

Posted Using LeoFinance Beta