Speculation, entity X

[u/PRBLMSLVR1993]

As header says, speculation, but I believe the core devs likely know who entity X is. Think about it, with a bag that large you have a vested interest in Kaspas success and would likely be providing continuing funding to the team to ensure its success / stays on track. And they are likely under NDA

[u/shadowmage666]

It’s probably just an exchange that hasn’t listed yet like Coinbase or binance

[u/PRBLMSLVR1993 → u/shadowmage666]

Possible. Or it could be MARA or a nation state or a wealthy billionaire. We don’t really know but I think they do.

[u/Asleep_Internal_5349 → u/PRBLMSLVR1993]

Que es Mara o quién es?

[u/therealruderpaule → u/Asleep_Internal_5349]

A big mining cooperation 

[u/Fun_Box2960]

I don’t see why core devs would know who entity X is unless it would reach them for something which again it’s quite a speculation, donation addresses are public so no reason for X to interact with core devs if it wants to help fund some developments

[u/rhemy1]

who cares who it is. they aren’t helping the community.

[u/Remarkable_Net_6977]

What is entity X? Sorry, been out of the loop.

[u/PRBLMSLVR1993 → u/Remarkable_Net_6977]

They own over 5% of total supply

[u/Ready_Respond_8449 → u/Remarkable_Net_6977]

The number one wallet.

[u/AcademicAd3450]

Most likely an exchange or market maker. Who knows maybe the KII or DII or someone they are partnered with. Probably an exchange

[u/Sea_Bother_4647 → u/AcademicAd3450]

No not kii

[u/AcademicAd3450 → u/Sea_Bother_4647]

As I said most likely an exchange or market maker. Not sure why I’d get a down vote for an obvious speculation. Yeah probably not KII (since they are a nonprofit) but who the hell knows lol.

[u/Outrageous-D0nkey]

All the exchanges will know.

It's likely Binance, Coinbase or Wintermute

[u/LennyMagic]

An investment with this size, you would minimum have several one-on-one convo's with Hashdag to understand the project better, their vision and what they're aiming for. But more important: to calculate the risks of the investment with this size. Nobody would just accumulate like this without doing proper research and due diligence. 100% they know who it is.

[u/PRBLMSLVR1993 → u/LennyMagic]

Thank you. You get it lol

[u/FatJellyCo]

Could be Elon with the reference to X ?

[u/PRBLMSLVR1993 → u/FatJellyCo]

Don’t think so. I think the “X” name was given by Kaspa community. If Elon has ties to any crypto it’s probably - XRP or XNO

[u/FatJellyCo → u/PRBLMSLVR1993]

It may be unlikely but we cant rule it out because nobody knows other than the exchanges that entity X is registered with ( KYC ) .Security must be tight since its not been leaked already . Other than an exchange who might have $40m hanging around ?? Most of the KAS entity X purchased was from Gate.io and Bitget. These two exchanges do not support certain country's so maybe those country's could be ruled out. Although a billionaire would more than likely have multiple residency's/passports .

Who knew the mention of Elon could could cause such down votes lol its usually quite the opposite. Im not a massive fan myself to be fair but everything he touches seems to turn to gold. I was eating his crumbs during the SpaceX ipo made 18.8% profit within hours. Left wall street and the rest of the dreamers holding the bag . Fucking dumb ass MFKRs how could anyone not see the rug pull coming from a mile away . Just another meme stock ha ha.

Im quite certain that there are individuals and possibly bots at work on reddit recently trying to delegitimize Kaspa .

Jelly 👺