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Topic: Bitcoin Rich List - page 2. (Read 357 times)

legendary
Activity: 2898
Merit: 1823
March 19, 2021, 04:39:54 AM
#2
I believe the lesser and lesser “> 1000 coin” wallets in the rich list, the more and more Bitcoin is being distributed, and adopted by more people. We should be very concerned if there was an increasing “> 1000 coin” wallets, especially during bull market cycles.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
March 19, 2021, 02:56:00 AM
#1
Rich List definition
  • Rich means address that stores 1000+ BTC inside
  • It is for addresses, not person or entity. You can not define it with available free tool.
  • Even with advanced and paid tools, you can not find/ track all of them

2264 bitcoin addresses that have 1000+ BTC as of writing. You can check it instantly with [5] (you don't have to wait for any publications. Check it by yourself with that link anytime)

Given articles and charts can tell you the story. I don't try to paraphrase the opinions that are already discussed in those articles.

Here, I only want to emphasize one point:
  • Whales are the game-makers.
  • You can follow them up, observe their activities, movements but if you strongly believe in their responses, you will always join the party later than them or you exit the game too late or stucked at peaks/ all time highs.

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