LEO is trading at all time highs again due to 25 ETH being pumped back into the pool.

Seems like the market is being tested, and we are passing.

So every time wLEO dips this account seems to pump 25 more ETH into the pool, bringing us back to ATH. This account must be pretty confident they aren't going to get dumped on to keep up this kind of buying pressure. Then again, considering this wallet has TWO THOUSAND ETH in it... these aren't big risks relatively speaking.

0x7015d4f5f0deac0023dfe7f384dcbd878ecb223b

This wallet is propping us up, and it has almost 4 times more ETH inside than the ENTIRE wLEO pool at the moment. The wallet has only existed for 12 days... pretty much the entire lifespan of wLEO. I wonder who it is... hm.

Where did the 2000 ETH come from?

Now this is somewhat interesting... 11 days ago this wallet received ETH from 2 other wallets to get the 2000 ETH balance.

https://etherscan.io/address/0x1ca9d674b40c17795adbb67e6cbfd6cce3cd3d23

https://etherscan.io/address/0xe88eae05bdfa89da7b5460a8bda6f75b2c35d5a0

Each of these wallets only has 2 transactions.

The first is cash out funding from Bittrex.

1723 days ago (4.7 years)

The second is transferring to the wallet in question.

This money has just been sitting around for ~5 years and only now is being used to prop up the LEO market. Pretty crazy. If I wasn't such a slacker I could probably find out the Hive wallet it's connected to. If anything, Bittrex certainly knows who this is. I imagine they have a lot more holdings than 2000 ETH that's just been sitting around for 5 years, that's for damn sure.

Implications

This account is slowing buying into the market and possibly testing the waters. Many of those pumps are just as big as the last couple of dumps we've seen. Perhaps this person is trying to fleece out weak hands and seeing if the market will panic. We haven't; we won't. All LEO whales are holding strong. Good job, fam.

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