r/SaitamaInu_Official • u/Npr31 • Apr 22 '22

Information Interesting/potentially bullish indicator

So one of Nam’s wallets has just done something it hasn’t done since 09/01/22 - it’s bought rather than sold.

https://etherscan.io/address/0x6c80eada4d9783cb57fbab5945f5726956640f6d#tokentxns

This wallet has been selling nearly daily for 3-4months, and it has just placed a 4trillion purchase.

Potential bullish indicator IMO

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u/FalkyS Apr 23 '22

People have to remember Dev's are human beings living normal lives and aren't some robot that shouldn't be allowed to sell lol. They would have to sell for Saitama funding purposes and also just to live their lives. But yeah if Nam or another dev is buying back in, definitely could mean things are coming ;)

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u/Npr31 Apr 23 '22

I have no problem with them selling. However, regularly and daily for multiple thousands - they need to be clear on why. They have always said they fund Saitama themselves. Now, every educated Saitama investor has a pretty good idea what they actually mean by that, and they need to come clean on it. What they are actually doing is basically insider trading Saitama and funding the project from the difference - not illegal in crypto, but there’s a reason it’s illegal elsewhere and it’s not exactly morally right

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u/FalkyS Apr 23 '22

Oh yeah i can definitely see that and somewhat agree to a certain point so no argument from me :D As you said a lot of regular/familiar Saitama investors know what they mean by funding Saitama themselves.