I hope he does sell and push the price down. I need to acquire a few more coins for my savings.
Topic: 95,000 Bitcoin transferred to an exchange! - page 2. (Read 207 times)
This will only have a impact on the Asian exchange and the volumes there, because he would be dumping those coins on that exchange. A lot of whales will just dump a little at a time, to maximize their profits, if they want to sell a large amount of coins. It will make no sense to sell all coins and to create a wall that takes weeks to be broken down.
I would not be to worried about that and remember we had those Silkroad coin auctions before and the Mt Gox coins and we are still here.
I would not be to worried about that and remember we had those Silkroad coin auctions before and the Mt Gox coins and we are still here.
If this turns into a sell off or liguidation the markets will react negatively a bit but it will only be short term.
it only represents about 0.5% of the overall current supply and will also create another opportunity to buy in cheaply.
Also if the whale does sell isnt that what so many of us dream of doing ourselves? Isnt the new buzzword "lambo"
it only represents about 0.5% of the overall current supply and will also create another opportunity to buy in cheaply.
Also if the whale does sell isnt that what so many of us dream of doing ourselves? Isnt the new buzzword "lambo"
In my opinion:
If the Whale liquidates it would happen Monday (Asian Time)
If the Whale liquidates it would happen Monday (Asian Time)
It is unlikely that the Asian whale is eliminated, and the market can not collapse, it holds much.The motive for the sale is the most common, nothing new.Let's hope for positive news.
Maybe the whale needs the capital for another deal and will liquidate!
Opinion Only!
Opinion Only!
If this Asian Whale liquidates the market will crash big time.
Motive for whale to sell : Buy in cheaper or buy some ALTS
If the whale sold in this low volume I hate to think what the price of BTC would go to!
https://dailyhodl.com/2018/06/08/huge-bitcoin-whale-with-94947-btc-transfers-crypto-onto-an-exchange-rattling-nerves/
Motive for whale to sell : Buy in cheaper or buy some ALTS
If the whale sold in this low volume I hate to think what the price of BTC would go to!
https://dailyhodl.com/2018/06/08/huge-bitcoin-whale-with-94947-btc-transfers-crypto-onto-an-exchange-rattling-nerves/
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