1/
Due to the $AMPL drop, fear, fud today I’m starting a series showcasing some of the largest $AMPL whales, looking at their wallets, explaining what they are doing (often accumulating, sometimes trading, sometimes getting it WRONG).

Discussion: https://boards.4channel.org/biz/thread/24671199
2/
Why? Look to what the largest in the space are doing - whether it's $AMPL, or $ETH, $BTC, $LINK, whatever, they’re often going against the crowd, often contrarian, and often 90% of the money flows to 10% of the people, often these people..2. Follow the whales/$$$.
3/
Meet: “New Kid On the $AMPL Block”
Story: $1m accumulated in 7 days.
Wallet:
https://etherscan.io/address/0x6e937fe4a9eecbb57c2f6812a4d52cc29f30e267#tokentxns
Note he also has 1300 $ETH remaining in this wallet ($750k)
4/
Speculation: This isn't this guys first rodeo. He buys in slices, never perfect, but accumulating over time.

He isn't looking to day trade and exit for a small gain (he already had it and stacked more). He will feel some stress today, but not panic.
5/
At this level the risk/pressure/stress is different.

I would bet he will average heavier (*$750k more ;)?) . It will be painful, but he will know he needs to, and knows rationally nothing changed, there is no problem with $AMPL, the market just grew fast and corrected.
6/

He will recognise the fear and confusion in the market and continue buying. I bet we see more $AMPL purchases from this "New Kid Whale". I’ll update this thread if/when we do or whatever his move is.

Full discussion here: https://boards.4channel.org/biz/thread/24671199
7/ Update:

He bought an additional 54k $AMPL ;) within 1 hour of this thread ;)
*technically he made several buys earlier today and just consolidated them into his cold store wallet here basically:

https://etherscan.io/address/0x6e937fe4a9eecbb57c2f6812a4d52cc29f30e267#tokentxns

Thanks Kid ;)
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