Ukraine and Russian Cryptocurrency Whale Wallets Closely Watched Prospecting Imminent Russian Attack

Ukraine has sought a meeting with Russia in 48 hours to discuss build up. The build-up of massive Russian forces in the borders of Ukraine is scary.  The army that has been built up around Ukraine is sufficient enough for a full-scale invasion of the country. It is not clear if a war would begin as quickly as tomorrow.  Moscow has been repeatedly stating that they do not have plans to attack Ukraine.  It just looks like a war could happen as quickly as tomorrow, but Russia continues to refuse.

An Imminent Russian attack on Ukraine is expected to happen on Tuesday – February 15, 2022.

With Russia continuing to build pressure points around Ukraine, the cryptocurrency and the stock market is dropping.  Geopolitical tensions are building up.  Bitcoin is expected to be under pressure for some more months following this.

Some analytic firms have to state that Ukrainians are beginning to make use of “cryptocurrency crowdfunding” as an alternative funding channel.  Several cryptocurrency wallets, which are being used by non-governmental organizations and volunteer groups have been identified.

CoinDesk reported, “Ukrainian civil servants together own about 46,351 bitcoin, one-third of which is held by a single city council member, researchers found.”

Civil servants in Ukraine are supposed declare their cryptocurrency holdings despite the government not regulating digital assets.

The richest known civil servant from Ukraine is Vyacheslav Mishalov, a member of the Dnipro city council. Mishalov is reported to own 18,000 bitcoin (BTC), which is worth more than US$1 billion, for the second year in a row.

Petro Lensky, the first secretary of Ukraine’s embassy in Vietnam has 6,528 BTC in his wallet.

Alexander Urbansky, deputy chairman of the Odessa regional council, reports a 5,328 BTC.

Lex Fridman about those who own crypto expressed: “Top 5 countries by % of population that owns crypto:  1. Ukraine 12.7% 2. Russia 11.9% 3. Kenya 8.5% 4. USA 8.3% 5. India 7.3%

Top 5 by # of crypto holders:  1. India 100 million 2. USA 27 million 3. Russia 17 million 4. Nigeria 13 million 5. Brazil 10 million.”

The war is really doing no good.  Nations are already suffering from inflation, there is lack of opportunity, there is economic depression, rising inequality and overall political malaise and threat of global destruction.

So, this is also the time when there will be sanctions and where nations will need funding for their war. Analytics websites are keeping a close track of the transactions happening in Ukraine and Russia based Wallets to identify their usage.