null.ptr just powered up 13.000SP 2hours ago.

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Just saw that this account @null.ptr just powered up ~13.000 Steem Power received from @steemit around 23 days ago.

This account holds a total of ~26.000 Steem (both liquid&powered up) which isn't a 'BIG' amount but still a very sizeable one.

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Does anybody know what is the purpose of this account and why it's powering up? Why @steemit is funding it?

I've also noticed (never payed enough attention though that @gsr-io is from where @steemit is dumping steem into the different markets (binance, huobi & bittrex mainly).

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At least theyre not dumping on us... for now.
Well see at october :P

Out of curiosity; why this acronym?

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Steem on!

You can follow me on Twitter

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3 comments
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@gsr-io is the "programmatic selling" executive account. It has been sending millions of steem to the exchanges since almost 1 year ago, yes... and now it seems they stopped doing so because ads starting to pay-off (according to @steemit).
The other account I didn't know about it but it would be good to keep an eye on it.
Good catch, take a !BEER

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Aaaaagh refreshing bro!!

thanks for the clarification, I'll keep an eye on it btw :)

regards!

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Hi @thecryptolink!

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