Back to collectionA Larger Buy at the Dip, and an Unanswered Question
The Night Watchman, a longtime community member who operates a Sentry node, had added an unfamiliar address to his watch list days earlier. When the price touched $0.00724 in early trading, the address appeared again and bought more than it had on any of the previous days. Nobody in the group noticed the trade; the heaviest buying remained the quietest.
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The Night Watchman, a longtime community member who operates a Sentry node, had added an unfamiliar address to his watch list days earlier. It bought on dips and posted no sell orders. Now he wanted to see whether that pattern would hold.
When the price touched $0.00724 in early trading, the address appeared again and bought more than it had on any of the previous days. It made no further move all day, and the price closed at $0.00741. The Night Watchman changed his note to “Shows up on every dip,” but did not post the address in the group for people to guess its owner. Purchases alone could not explain its motive.
Nobody in the group noticed the trade; the heaviest buying remained the quietest. His work had shifted from spotting an unfamiliar address to tracking when it acted. At the next dip, he would check whether it moved again before deciding which records were worth discussing.