This appeared in Block 400432 and the graph comes from TradeBlock. 

There is speculation that this could be a repeat transaction designed to create FUD and make people think coins are on the move to be sold in the market. Or it could be real.

As of now there's no actual transactions traced of any significant value going into any known exchange wallets.

Looks like Ripple just announced they are getting derivatives, and the leader in bitcoin derivatives CryptoFacilities is going to be partnering with them to provide the product!

They have been the pioneer in truly professional bitcoin derivatives, with no socialized losses. And now they are bringing their services to altcoins with Ripple derivatives. This will be interesting to watch.

In the announcement from CryptoFacilities, they said that it was in the works and to expect more in the coming months, so this is only an announcement of the partnership, no product has been released yet. However, their bitcoin product is working well and if you are into Ripple and want to prepare for when the launch happens later this year, it would be good to get on board.

CryptoFacilities is regulated by the FCA and takes KYC/AML very seriously. They're the only professional bitcoin futures exchange that does not have socialised losses.

See the newsletter from CryptoFacilities sent to their own customers below with the screenshot and quote after.

​And sign up with CryptoFacilities and get started trading bitcoin derivatives.

At BitcoinFuturesGuide we are really excited about this new bitcoin exchange WhaleClubCo. They have no orderbook that you have to fight with, they offer up to 10x leverage, and no execution fees: just spread and margin fee of 0.2% daily on any borrowed funds. They have a nice risk-free Demo section of their site, which is nice to get used to the platform. However, as a new exchange, there is much that we traders do not know about them. 

So we reached out to WhaleClub to learn more, after we traded some Demo on their platform as we showed in the walkthrough earlier. They responded immediately at their main e-mail account "[email protected]", which was really pleasant. Then Petar followed up the next day and responded to a series of questions we provided to learn more about what they are about. Read below to learn more about this new exchange, how it works, and what you can expect in your experience there:

Petar: Before we begin, I'd like to say I have been following bitcoinfuturesguide.com since it first started posting links to articles on reddit. I am impressed with the growth and readership you've attracted. I am pleasantly surprised with the quality of content that you publish and take great pleasure in reading it. 
​
BitcoinFuturesGuide: Thank you for the kind words. Let's begin:

Is there an independent price feed that is used for the site? You use Cryptowat.ch for charting, but is there any other way to see this price changes so traders know what it reflects?

Petar: We pull low-latency, real-time price data from multiple liquidity providers and provide our own price feed. It is based directly on the bitcoin markets. All bitcoin price moves are replicated in full on Whaleclub.

BitcoinFuturesGuide: Are there any fees for leverage? Any interest paid on the margin at all?
​
Petar: As traders, we understand how fees can quickly cut into profits - so we eliminated them entirely.

There are zero fees on all order placements, order executions, deposits, balances, account creation, inactivity, and real-time data. If you use leverage, we charge a small 0.2% interest daily.

In a study simulation we conducted over thousands of trades placed on traditional exchanges and on Whaleclub, we found that Whaleclub traders saved an effective average of 35% on fees. This is thanks to our internal matching and zero execution fees, but also thanks to the full and instant execution of orders (there is no partial execution) and no slippage (slippage is when you enter at market at a worse price due to low liquidity).

As we scale, we will keep pushing our spreads and leverage interest lower. Our business model is to make money through scale, not by charging individual traders high fees.

You can learn everything about our trading conditions here: https://www.whaleclub.co/why


BitcoinFuturesGuide: Are there any fees outside of the spread/margin that are paid?

Petar: None whatsoever.

The spreads are determined algorithmically depending on our own internal metrics. Spreads are almost never above 0.3%, and the spreads will continue going down as we scale to more users.

BitcoinFuturesGuide:  Any form of insurance against hacking or theft of funds?

Petar: We maintain a small wallet that is used to cover withdrawals quickly - it represents less than 1% of customer funds at any time and is fully covered by us. All customer funds are otherwise stored in cold.
None of our wallets are connected to software or automation, so they are out of reach from hackers. All withdrawals are processed manually through a standardized, checklist-based procedure.

More generally, I think we’ve built an impeccable security infrastructure for customer funds and data at Whaleclub. Customer funds are directed to cold storage. Cold wallet private keys are encrypted and distributed geographically in vaults around the world. We have great server security, ddos mitigation, full encryption in communications. For the client, full account 2-factor authentication, brute-force mitigation, rate-limiting, and secure login. And all our employees are vetted according to the highest security standards. Security is our top priority at Whaleclub. You can learn more at https://www.whaleclub.co/security

BitcoinFuturesGuide: Can you give our readers any sense of how well funded you are? Venture Capital, Private Funding?

Petar: We are very well-funded, mostly through private money. Venture capital has contacted us to invest, but in our and our customers’ interest, we prefer to remain fully independent at this time.

BitcoinFuturesGuide: Are the data on "active positions" and "closed positions" for LIVE accounts or only for Demo? This transparency is very favorable to traders

Petar:  https://www.whaleclub.co/stats is based on a statistically significant sample of customer trades from both the demo and live accounts. It gives a real-time bird’s eye view of the present and past sentiment on the platform. We think this is a good step toward transparency and have appreciated the great feedback we've received on this page.

BitcoinFuturesGuide: Are there any plans for a fully functional API for traders to use?

Petar: Our team is working on a full API that we think will be magnificent, allowing anybody in the world to start trading bitcoin programmatically in seconds. 

BitcoinFuturesGuide: Are there any plans to expand outside of trading BTC/USD with bitcoin?

Petar: Yes. Our mission and vision is to provide access to investing and trading all kinds of financial instruments to everyone in the world through bitcoin, because we believe 1) that’s a very powerful idea and 2) a trading platform powered by bitcoin can operate at significantly less overhead. This is not something you can achieve with traditional currencies.
Our priority along with great security is customer satisfaction, so we are always focused on that. That is our north star. Everything we do, we want to improve customer satisfaction: better trading conditions, better user experience, more trading options, lower spreads. We work extremely hard on this every day. We are in permanent contact with the community and our customers through Twitter, email, and other channels and we actually act on the feedback (many companies do not) - we act on every piece of feedback from our customers and we listen very closely to what they have to say and we reach out to them too.
I think we have the right combination of exceptional talent and leadership and also the right timing to make this happen. We have a team that can deliver excellence and is really proven, and we're extremely happy with the great positive customer feedback that’s been coming in.

BitcoinFuturesGuide: Thank you so much for the answers.

There you have it guys. This is a well-funded team of bitcoin enthusiasts who are real traders and who are providing this useful platform to traders to easily trade bitcoin. They are running a GREAT promotion right now where when you deposit for the first time they will MATCH your deposit 100% and give you double the money to trade with. Click the banner below and get started with a Demo account and move over when you're ready to LIVE to get the great benefits.

CryptoFacilities has sent out a newsletter to its customers with lots of news -- some good and some bad.

The highlights are:

• Margin Netting Introduced
• US Traders BANNED due to regulatory issues
• Engine updates for faster order Matching
• Free insured blockchain settlement with Elliptic
• Analytics and TradingView integration

See screenshots of the newsletter below and full text form: