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After the transaction, you can still send the bitcoin to the purchaser's wallet. But since the purchase itself happens off exchange, there's no record of how m
by cj 1y ago
After the transaction, you can still send the bitcoin to the purchaser's wallet.
But since the purchase itself happens off exchange, there's no record of how much the coins were sold for, so no impact on market price.
- sokoloff 1y agoA large wallet that’s been dormant for years suddenly becoming active will tend to pressure the price lower from the implied increase in liquid supply and fear that the wallet will continue to distribute coins. It’s not just the printing of transaction price that can affect the market.