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Topic: 90 Whales with 10,000 btc - Bullish (Read 405 times)

full member
Activity: 319
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May 28, 2021, 09:41:20 AM
#36
This is good news. this means that bitcoin will not sink in the near future.
sr. member
Activity: 2030
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May 28, 2021, 09:13:20 AM
#35
There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

What about satoshis wallet how come that wallet with 1mil btc doesnt show up on this list???

Which  satoshi's wallet you are referring to here which contains 1 mil bitcoin ?  If satoshi own 1 million btc, you can write them off, since he is no more so those funds can't be moved. I am sure 2-3 million out of 21 million bitcoins are lost forever.
sr. member
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May 24, 2021, 10:17:52 AM
#34
Now that the pope is starting to take advantage of a fairly deep correction, when they came in yesterday, now that they've made a lot of profit, I don't think the market is still stable still heading down. make the most of this moment.
sr. member
Activity: 1274
Merit: 293
May 24, 2021, 09:05:26 AM
#33
Do you think just because they are whales they will hold easily? No, they are whales, they can manipulate and do some short trading.  That's the reason why the market is still very volatile at the moment, we have to take advantage of this and not just hold for a long term, I'm not saying holding for the long term is bad, but at least we see the opportunity at the present and that is its price volatility.
I have heard some user say this and I do agree that they have the means to manipulate the market and at the same time earn from it no matter which direction the prices goes. I don't think that the whales are the sole reason why the market is volatile though, there is a lot of users that are trading 24/7 so the prices continuously changes.
hero member
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May 24, 2021, 08:55:51 AM
#32
Nothing new

In 2018 when Bitcoin tanked at that time also there were a lot of panic sellers. They realised their mistake in 2021. Now again as Bitcoin tanked these weak hands are selling, they will realize their mistake in the future but, for now Whales are enjoying.

People just don't realize if they sell they will be in loss but if the hodl they will be in profit.

Yes, I do agree that this is just a repeat of the 2018 correction before when from 20k it all went down to 3k. So definitely we need not to worry about it especially we here have already experienced that drop of price in the past. That was a correction and so is today. Today's correction is another test on how resilient we are in the midst of the low prices in cryptocurrency. As the experts always say whenever this kind of thing happens, "buy the dip".
So right now, people can expect to see an increase in bitcoin price and hopefully lift the price to more than $40k. The price now increases and reaches $37,900 after getting down yesterday. If this sentiment can still get more support, it could help the price to get more power to increase.

Yes, buying the dip will the best suggestion, and it seems people get a bit too late to buy at that dip because the price already increase. But still, the price below $40k can be said as a low price because the price can increase more in the future.
legendary
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Playbet.io - Crypto Casino and Sportsbook
May 24, 2021, 08:44:40 AM
#31
Do you think just because they are whales they will hold easily? No, they are whales, they can manipulate and do some short trading.  That's the reason why the market is still very volatile at the moment, we have to take advantage of this and not just hold for a long term, I'm not saying holding for the long term is bad, but at least we see the opportunity at the present and that is its price volatility.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
May 24, 2021, 08:33:28 AM
#30
Nothing new

In 2018 when Bitcoin tanked at that time also there were a lot of panic sellers. They realised their mistake in 2021. Now again as Bitcoin tanked these weak hands are selling, they will realize their mistake in the future but, for now Whales are enjoying.

People just don't realize if they sell they will be in loss but if the hodl they will be in profit.

Yes, I do agree that this is just a repeat of the 2018 correction before when from 20k it all went down to 3k. So definitely we need not to worry about it especially we here have already experienced that drop of price in the past. That was a correction and so is today. Today's correction is another test on how resilient we are in the midst of the low prices in cryptocurrency. As the experts always say whenever this kind of thing happens, "buy the dip".
legendary
Activity: 2310
Merit: 1422
May 24, 2021, 08:17:06 AM
#29
There's a complete new cohort of strong Bitcoin holders who have been training themselves since March 2020. After the March crash it's clearly visible how an increasing number of addresses are keeping a balance of +1BTC. These are the new bitcoiners that are holding still during recent market turmoils (and keeping the price at certain levels). Forget about the whales (and consider the big exchanges wallets).
full member
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May 24, 2021, 02:02:50 AM
#28
I believe the whales of the past are gone: one should have had steel balls to keep bitcoin from below $100.
There are a few still, but most of them are here for the whole bitcoin lifespan. If we take out of the equation the exchanges' wallets there are no more small unknown enitities that can do much harm.
Relax and stack your satoshis.
The hardcore ones are still alive I think, maybe those that are around 3 digit bitcoin are gone a long time ago but those that have more than a thousand is pretty alive and kicking I think. I agree that we should relax because the prices are going to go back up, we don't know when but we know that it will come and when it finally arrives, I want to have a lot of bitcoins to sell.
member
Activity: 573
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May 23, 2021, 05:59:48 PM
#27
I do not really see the effects of these new whales people are talking about. If these people you talk about now are newly acquired wallets, that means above 90 Bitcoin should be off the market and that should really help with the price rise but the opposite is what we experience.
hero member
Activity: 1316
Merit: 504
May 23, 2021, 03:30:33 PM
#26
There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Does that also say whether there are exchange wallets included? I believe there is a relatively big number of exchanges that might hold Bitcoins in that range of around 10,000 BTC give or take. Still there are a lot of private wallets with that number of Bitcoins for sure.
sr. member
Activity: 843
Merit: 255
8V Global | 8v.com
May 23, 2021, 03:00:44 PM
#25
I think because they and whales are not very important for them to fall and they are not subject to impulsive and panic moods. When a person or group of people invests such funds in bitcoin, they have a clear and understandable strategy. Such people have plans that are not connected with the current course, they look ahead, so such sales as they are now are profitable for them. I think that panic is generally harmful in whatever market you trade and whatever asset you have. You must always have a cool head and a solid strategy of behavior.
hero member
Activity: 1666
Merit: 709
May 23, 2021, 02:58:06 PM
#24
There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Want thing am sure whales knows is that they are wealthy enough to get more Bitcoin I think we also know that too, and also they have enough leftover wealth to sustain on while they hold and buy more bitcoin for a longer-term, mostly they always make profits out this when a bull market comes, as much as I want their Bitcoin buying rights am not wealth enough to do so, and still for panicking or self need people will sell-off, whales can't be cut-off from buying bitcoin.
full member
Activity: 1414
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The first decentralized crypto betting platform
May 23, 2021, 02:47:49 PM
#23


This is the recent tweet from Binance CEO Changpeng Zhao,
He made a similar tweet in 2019, If anyone can realize the meaning of CZ's tweet, then he will refrain from panic selling.

On the other hand, with the rise in the price of Bitcoin, a lot of weak hands have been added to its upward flow. Due to these weak hands, the market could not go above 60/65 thousand anymore. As a result of this fall in the market, it is certain that the weak hands will run away with their temptation and the market will become more stronger than before.
legendary
Activity: 1316
Merit: 1481
May 23, 2021, 02:04:25 PM
#22
I believe the whales of the past are gone: one should have had steel balls to keep bitcoin from below $100.
There are a few still, but most of them are here for the whole bitcoin lifespan. If we take out of the equation the exchanges' wallets there are no more small unknown enitities that can do much harm.
Relax and stack your satoshis.
hero member
Activity: 2002
Merit: 535
May 23, 2021, 01:57:10 PM
#21
it is not 90 whales
its a few dozen exchanges with multiple pockets of 10k coins
It is good to create the narrative, may be most of the said exchanges are exchange hot and cold wallets but when the narrative is set they do not give you the clear picture until you dig deep and start checking those wallets individually.
I will be surprised if 20 individual are still holding over 10000BTC. I also had a lot of coins in the past but i have booked my profit throughout the years and now my holdings are very thin as compared to the past.
sr. member
Activity: 728
Merit: 255
May 23, 2021, 01:33:33 PM
#20
There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

What about satoshis wallet how come that wallet with 1mil btc doesnt show up on this list???
sr. member
Activity: 728
Merit: 255
May 23, 2021, 01:29:44 PM
#19
theres nothing wrong with selling to avoid more loss of $$ especially if you think it's going to keep dipping/enter a bear market and you can possibly buy back in at a much better price. Wink
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
May 23, 2021, 11:07:06 AM
#18
There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

The whales are accumulating bitcoin because they know that bitcoin will recover this dump and will further spike up in the next bull run.
This is what the professionals do. Buy when the market is in fear and sell market is in a bull run.
Although not much but this time I have decided to the buy the dip as well and have accumulated some portion  Grin
I am not fearful of a major dump because I am a believer and I know that sooner or later the bulls will come back.

legendary
Activity: 4424
Merit: 4794
May 23, 2021, 09:37:57 AM
#17
it is not 90 whales
its a few dozen exchanges with multiple pockets of 10k coins
copper member
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May 23, 2021, 09:25:43 AM
#16
What if those whales are just redistributing it to different Bitcoin wallets that they own as well? Making it an illusion that there are a lot of HODLers too? Anyway, there's no sense with that but in reality, it will always increase in price and I hope we are in the right position whether it is bullish or bearish.

Will wait till the end of the year.
legendary
Activity: 3080
Merit: 1500
May 23, 2021, 09:24:41 AM
#15
That's definitely bullish! Also if we have seen the previous trend starting from 2017 bullish cycle, this dip is probably a great opportunity to make big money out of the crypto market. The next ATH can be safely assumed as 100k.

After ATH, every market goes through a correction and that's what is happening in crypto market right now. Once the correction will find a solid ground, the market will be back to bullish mode. Possibly is a cycle of around 3 - 4 years. Selling out is not an option.
legendary
Activity: 3248
Merit: 1055
May 23, 2021, 09:23:08 AM
#14
Panickers sell their little $10-$100 holdings because they've invested what little they have (and can't afford to lose)
fully into BTC and they rather buy food or pay bills with it. They are losing sleep when their $100 investment temporarily turns into $85 and decide to cash out completely.

Whales with hundreds of millions worth of BTC have no better uses for fiat money, they already have enough stocks, bonds, apartments.
They keep buying out more and more small BTC investors.

Soon the BTC space will be no different from the 'real world' where a tiny group of people (possibly less than a hundred people) owns 90% of everything.

I don't mock small investors and I understand their concerns (most of them are impatient people from socioeconomically disadvantaged countries hoping to double or triple their money fast, and it just isn't going to happen).
But at the same time, they are fueling this development where a couple dozen people will soon own most of all bitcoins ever mined.

same old rich people in the real world are still going to be the rich people in the crypto sphere. From the landowners, politicians and bankers are grabbing the coins from the small investors who put their hopes of having a good future but panic when the market temporarily crashes because of the fud created also by these rich people.  they still find their way here beating the system.

so remember folks, 10,000 BTC was just worth two pizzas a decade ago.


legendary
Activity: 2464
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May 23, 2021, 09:13:12 AM
#13
Panickers sell their little $10-$100 holdings because they've invested what little they have (and can't afford to lose)
fully into BTC and they rather buy food or pay bills with it. They are losing sleep when their $100 investment temporarily turns into $85 and decide to cash out completely.

Whales with hundreds of millions worth of BTC have no better uses for fiat money, they already have enough stocks, bonds, apartments.
They keep buying out more and more small BTC investors.

Soon the BTC space will be no different from the 'real world' where a tiny group of people (possibly less than a hundred people) owns 90% of everything.

I don't mock small investors and I understand their concerns (most of them are impatient people from socioeconomically disadvantaged countries hoping to double or triple their money fast, and it just isn't going to happen).
But at the same time, they are fueling this development where a couple dozen people will soon own most of all bitcoins ever mined.

Yes, its the new people recently FOMO'ing into Bitcoin who cannot see past the now,
cannot look to the future or stop and consider what long term investors do in times
like this, i.e not panic.

The future could play out like you predict, the large scale investors will accumulate.
hero member
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May 23, 2021, 06:54:58 AM
#12
Nothing new

In 2018 when Bitcoin tanked at that time also there were a lot of panic sellers. They realised their mistake in 2021. Now again as Bitcoin tanked these weak hands are selling, they will realize their mistake in the future but, for now Whales are enjoying.

People just don't realize if they sell they will be in loss but if the hodl they will be in profit.
legendary
Activity: 3318
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Bitcoin Casino Est. 2013
May 23, 2021, 06:45:38 AM
#11
Those who do panic selling apparently do not believe in Bitcoin to keep holding it even when it loses in fiat value.I think the real users of Bitcoin are those who are holding from a long time now,some many years I would say is sufficient to show your true belief in the potential of Bitcoin.

We cannot do anything for these newbies who sell in panic and whales take profit from it.I think there are enough posts in this forum which points to keeping your Bitcoin even in difficult troubled times and anyone who wants to be informed can be informed.Users outside the forum are the most impacted from the panic selling but we cannot do anything for them also as they are outside this forum.
hero member
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May 23, 2021, 06:41:43 AM
#10
So definitely now is the time that we need to buy more and more cryptocurrencies and be able to take advantage of the dip right now. We know more now that we have experienced many ATH from Bitcoin and the alts for so many years, that a single correction event will not make us fearful of our investments. If you have some money right now then do all the best you can to study the coins that are now at the top 20 and decide for yourself which is a good investment.
full member
Activity: 452
Merit: 101
May 23, 2021, 06:28:36 AM
#9
I think they are just smart people. It seems that they know the pattern of bitcoin market. I think when many people are complaining about bearish market, loss money or etc they take advantage by focus on increasing number of bitcoin they hold. I become a contrarian investors and maybe I little bit know about what they are doing. I think I sold my btc at correct time, now I will get more bitcoin if I buy it again, but I think at this time it is not reach the lowest level yet.
hero member
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May 23, 2021, 05:41:24 AM
#8
There's no secret that the whales have just as we don't know. We both know that bitcoin is one of the best assets that are fit for long term holding. And the number of people that are not going to sell at any price is also increasing. There's no need to panic at this stage, we keep seeing the same scenario a few years back that after this it could be another long bear market again. But it could be disrupted and change it ways the way we see how the market has grown a lot for just a few months.
legendary
Activity: 2310
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Farewell o_e_l_e_o
May 23, 2021, 05:35:07 AM
#7
Namely, the fact that buying the dip is usually a good idea, and Bitcoin being around 40% down from its ATH point seems like a good buying point.
It is a very good dip to buy Bitcoin as at least it will rally to around $46,500 in next one month. More interestingly, it won't stop there in the next couple of months. Best has yet to come.

Quote
I think that newbies without much money but in big quantities themselves often trigger waves of panic selling, whereas entities that have experience with finances are calmer and take the opportunity to buy low.
Newbies with big or small capital are usually panic sell in crypto market because this market is different than stocks and other traditional financial markets. Newbies if they get rich and their fortune from financial investment can be different but if they get rich from other areas, I am sure they will be panic.

Does Bitcoin will have big upgrade in this year? The biggest since 2017 so stay calm, hold or accumulate more.
legendary
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May 23, 2021, 05:29:01 AM
#6
Firstly, rich addresses accumulating money might mean that there are people putting money on exchanges, and exchanges are transferring it to their cold wallets. Secondly, I don't think that 'whales' have any insider info about Bitcoin or anything that can significantly affect the price. They might know something everyone knows but be willing to act on it. Namely, the fact that buying the dip is usually a good idea, and Bitcoin being around 40% down from its ATH point seems like a good buying point. I think that newbies without much money but in big quantities themselves often trigger waves of panic selling, whereas entities that have experience with finances are calmer and take the opportunity to buy low.
jr. member
Activity: 30
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May 23, 2021, 05:18:34 AM
#5
Panickers sell their little $10-$100 holdings because they've invested what little they have (and can't afford to lose)
fully into BTC and they rather buy food or pay bills with it. They are losing sleep when their $100 investment temporarily turns into $85 and decide to cash out completely.

Whales with hundreds of millions worth of BTC have no better uses for fiat money, they already have enough stocks, bonds, apartments.
They keep buying out more and more small BTC investors.

Soon the BTC space will be no different from the 'real world' where a tiny group of people (possibly less than a hundred people) owns 90% of everything.

I don't mock small investors and I understand their concerns (most of them are impatient people from socioeconomically disadvantaged countries hoping to double or triple their money fast, and it just isn't going to happen).
But at the same time, they are fueling this development where a couple dozen people will soon own most of all bitcoins ever mined.
legendary
Activity: 2310
Merit: 1422
May 23, 2021, 05:05:29 AM
#4
These are the market windows where the holding dynamics change, a whale today couldn't be a whale tomorrow, the same as the whales of the past are long gone. The good thing of these days is that a whole new wave of bitcoin holders is forming which is good to me.
legendary
Activity: 2310
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Farewell o_e_l_e_o
May 23, 2021, 04:54:28 AM
#3
Bear markets and price drops have always been just a transfer of money from the panicking weak hands to the true long-term bitcoin bulls. It's been like this since the start and it looks like it ain't changing any time soon, or ever.
You are correct. Short term holders have been decreasing and it could be a signal of accumulation time that in turn will be necessary for next bull run.

See the live chart there Bitcoin: Short Term Holder MVRV (24d Moving Average). Source

Quote
Short-term holders now under water, as STH-MVRV drops below the neutral line.

Key level.


The stats don't change much compares to the screenshot for Bitcoin Rich List, that I made in 19 March 2021. A minor changes from whales to superb whales (10,000 - 100,000 and 100,000 - 1,000,000 categories). Their total holding Bitcoin does not change significantly.
I believe the lower category (1,000 - 10,000) has more significant changes.


If you check it today, you will get 2172 addresses with 1,000+ BTC. A bit less than in March 2021.
Code:
https://blockchair.com/bitcoin/addresses?q=balance(100000000000..)#
mk4
legendary
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📟 t3rminal.xyz
May 23, 2021, 04:43:24 AM
#2
Bear markets and price drops have always been just a transfer of money from the panicking weak hands to the true long-term bitcoin bulls. It's been like this since the start and it looks like it ain't changing any time soon, or ever.
sr. member
Activity: 2030
Merit: 356
May 23, 2021, 04:13:11 AM
#1
There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
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