XMR BULL

A lot of people misunderstand how the original HEX BTC claim worked and why the speculation of Richard having 300,000 BTC started When HEX launched, Bitcoin holders could claim free HEX based on their BTC balance at the snapshot The first 1,000 BTC in an address received the full allocation of 10,000 HEX Above 1,000 BTC, a penalty progressively reduced the allocation, reaching a 75% penalty at 10,000 BTC The 1000 BTC providing the 100% allocation is where it started Just prior to the BTC holder snapshot several large wallets holding BTC split their holdings into numerous smaller wallets of 1000 BTC, those wallets then all free claimed The convenient timing of moving just before the undisclosed snapshot, at the exact threshold before the whale penalty kicked in is where the speculation started, along with the fact majority of all the BTC community hated the idea of HEX and turned on Richard Heart The speculation arose because of on chain activities along side extremely convenient timing, we all knew Richard mined BTC and is among the very few OG BTC community members and we all know the OA and moves made to take as much HEX off the market as possible Is it speculation still? Yes, but are the probabilities high based on the events that happened? Yes