Topic: Bitcoin Whale bought $150 million worth of Bitcoins during the dip. (Read 335 times)
December 11, 2021, 11:54:54 AM
During the time when the price reached 42K price level, many investors have placed buy orders and some orders were executed. We saw the price recover a huge part of the price fall just in a few minutes and it shows many people were placing orders and waiting for such price and the chance to buy bitcoins at cheaper prices, Since the price movement was really sharp it was hard to buy at dip for the people who didn't place any order, however, the main question can be where this whale is going to sell the bitcoins to take profit, because from what I can see these whales usually hold for years.
December 10, 2021, 10:43:03 AM
Wow, that feels so mesmerizing. I sometimes feel jealous of those whales buying bitcoins in bulk and here I am not even holding 1 whole bitcoin.
I am still proud to be a bitcoin holder though since I do hold in decimals but who would not like to hold 1 bitcoin.
I think it will only get more harder every year to accumulate more in bitcoins which is why the whales are accumulating more in every dip.
I am still proud to be a bitcoin holder though since I do hold in decimals but who would not like to hold 1 bitcoin.
I think it will only get more harder every year to accumulate more in bitcoins which is why the whales are accumulating more in every dip.
December 10, 2021, 09:21:07 AM
That's what whales do. Every time they smell fear in the Bitcoin market, they invest. Every time they detect that spaghetti hands are dumping, they are quick to release cash and purchase cheap Bitcoins in huge amounts. Whether they are institutions or individual investors, they are really taking advantage of the discounted Bitcoin. Most often, the retail investors are the ones who offer these whales Bitcoin at a bargain price.
December 10, 2021, 07:31:40 AM
The market cap is still around 2.292 B USD. Dont compare the amount of investment with our asset but on the market cap so you can take a concret conclusion.
This is a total market cap that should not impress anyone too much because it is known that this number is something that results from obvious manipulations with coins/tokens supply times their price - and currently we had nearly 15 500 coins on the market. The BTC market cap is just under $900 billion, and for comparison, the US military budget for 2021 is about $750 billion.
I wonder why nobody mentioned that this "whale" dropped 7500 bitcoins in one week when the price was 50-55k, so about twice and little more the sum, they've bought now in $, around 400 million.
At least I posted a link to the address in question, but I didn't scroll down enough to see what you noticed. These are usually 1500 BTC, but at the end of January 2021, they sold almost 10 000 BTC, and another 3000 in early February.
Quote
2021-02-08 20:21:06 -1,500.005 BTC (66,159,971.81 USD)
2021-02-04 19:19:22 -1,500.005 BTC (55,785,714.94 USD)
2021-01-29 23:24:43 -3,000.01 BTC (102,306,406.77 USD)
2021-01-29 19:06:10 -6,000.005 BTC (208,323,712.23 USD)
2021-01-29 15:29:27 -700.002 BTC (26,124,563.47 USD)
2021-02-04 19:19:22 -1,500.005 BTC (55,785,714.94 USD)
2021-01-29 23:24:43 -3,000.01 BTC (102,306,406.77 USD)
2021-01-29 19:06:10 -6,000.005 BTC (208,323,712.23 USD)
2021-01-29 15:29:27 -700.002 BTC (26,124,563.47 USD)
December 10, 2021, 02:43:36 AM
Honestly even as a Bitcoin supporter I never see these buying actions as a high point,,, I mean whales buy and sell and move all the time, and if this thing is able to move the market,,, then it is actually bad news to us because it proves Bitcoin is not as decentralized or as resistant to centralized action as we all claim it to be.
So forgive me for not getting excited about whale moves
There's always that inequality no matter what market you've been dealing into as long there are people who do have those finances where this one involves multi millions then they would always be having the advantage.So forgive me for not getting excited about whale moves
Buying opportunity would be always there and only to those who do see opportunity will really made out steps which they know that
they could take advantage.
Having an advantage is a little bit different from having the power to move the market,,, I guess what I was commenting on earlier was not so much of the advantage of whales and the rich. The rich will always have an advantage in money matters. This is the definition exemplified,,, you have money, you have advantage. More money more advantage.
But I was talking about decentralization, the resistance of Bitcoin to manipulation. If whales can sell and buy AND cause markets to crash or rally,,, it is bad news. So I am glad it is not something Bitcoin worries about. Hence why this news is irrelevant
December 10, 2021, 02:34:05 AM
Some big whales are buying the current dip as more individuals and companies are buying the Bitcoin market dip as all is set for another bull run, reading over the news I saw where a Bitcoin whale buying $150 million worth of bitcoins, this Anonymous whale wallet saw its first activities in 2019and the wallet is said to hold about $5.9 billions worth of Bitcoin and the third wallet holding the highest bitcoins.
I’m quite happy about the fact that I had enough bitcoin and I never sold it all when the market got to the top, I just sold a part of my coins and left the rest in my wallet and even received a lot of payment in bitcoin when the market was down. When the covid-19 took place, I felt that there might no longer be any bull run again, so I planned to hold my coins for four to five years before I start selling, but it later happened that we saw a bull run, so that’s why I decided to just sell part; the first one when it got to $40k, the next one around $50k, and the last one around $60k. Then the remaining coins will stay till I see bitcoin hit another major bull run. December 10, 2021, 01:53:44 AM
Some big whales are buying the current dip as more individuals and companies are buying the Bitcoin market dip as all is set for another bull run, reading over the news I saw where a Bitcoin whale buying $150 million worth of bitcoins, this Anonymous whale wallet saw its first activities in 2019and the wallet is said to hold about $5.9 billions worth of Bitcoin and the third wallet holding the highest bitcoins.
I’m quite happy about the fact that I had enough bitcoin and I never sold all when the market got to the top,. I just sold a part of my coins and left the rest in my wallet and even received a lot of payment in bitcoin when the market was down. When the covid-19 took place, I felt that there might no longer be any bull run again, so I planned to hold my coins for four to five years before I start selling, but it later happened that we saw a bull run, so that’s why I decided to just sell part ; first one when it got to $40k, the next one around $50k, and the last one around $60k. Then the remaining coins will stay till I see bitcoin hit another major bull run. 
December 10, 2021, 12:30:44 AM
Some big whales are buying the current dip as more individuals and companies are buying the Bitcoin market dip as all is set for another bull run, reading over the news I saw where a Bitcoin whale buying $150 million worth of bitcoins, this Anonymous whale wallet saw its first activities in 2019and the wallet is said to hold about $5.9 billions worth of Bitcoin and the third wallet holding the highest bitcoins.
https://markets.businessinsider.com/news/currencies/bitcoin-whale-150-million-recent-price-crash-cryptocurrency-wallet-2021-12?utm_campaign=sf-bi-finance&utm_source=facebook.com&utm_medium=social
If they will continue acting like this for the next 2 weeks then Yes we will see more great movement for the market and also from the whales .https://markets.businessinsider.com/news/currencies/bitcoin-whale-150-million-recent-price-crash-cryptocurrency-wallet-2021-12?utm_campaign=sf-bi-finance&utm_source=facebook.com&utm_medium=social
but if just this? then nothing will bring good because look at the market now, there are no growth instead the price stabling at 47-49k and cannot even take 59k again.
December 09, 2021, 08:51:28 PM
Michael Saylor and MicroStrategy also bought a bunch of BTC, this is a big signal for us sardines to DCA. And bag up some altcoins with good fundamentals just like URUS, CHAIN and $ANRX
December 09, 2021, 07:35:55 PM
Please update the title of the thread. There is a big difference between $150 and $150 million.
The whale/corporate who had purchased this huge amount of bitcoins, clearly understands one simple math. There are 7.3 billion people in this world but only 21 millions of bitcoin can ever exist. So it's a accumulation game and the whale want to play it correctly. As simple as that!
The whale/corporate who had purchased this huge amount of bitcoins, clearly understands one simple math. There are 7.3 billion people in this world but only 21 millions of bitcoin can ever exist. So it's a accumulation game and the whale want to play it correctly. As simple as that!
and actually less than 21,000,000 will be useable in time. It is definitely an accumulation
game, there are some who have vast resources who can see into the future and are buying
1000's of Bitcoin at a time. They know in the not so distant future there will be a scramble
to own it but there will only be very limited amounts available on the market.
December 09, 2021, 07:28:03 PM
At this point in time, now that bitcoin has proven itself it would be easy to persuade people to buy into bitcoin during such dips. Also, since the wallet holder already owned a huge amount of bitcoins prior to the recent acquisition, you best believe that they are already extremely knowledgeable about the ins and outs of the market, and that they know what risks they are taking by buying in to the market with that amount during the red season.
Also, moves like this are pretty common during bear seasons. Totally not surprised by this anymore tbh.
Also, moves like this are pretty common during bear seasons. Totally not surprised by this anymore tbh.
I don't think that's a single individual. The wallet may be owned by financial organization or company.
Because some of these companies with strong affinity to btc market, they will find a way how to accumulate more especially when btc is down.
This is like golden opportunity for them to get more, whereas, most small traders or holders are in panic mode.
If they are buying this huge amount, it means, they have strong conviction about crypto market.
I don't think they will stake that tons of money for nothing that they don't believe of.
December 09, 2021, 07:22:21 PM
It’s what the big guys do, they buy low & sell high. Whilst all the noobs are being pathetic & panic selling their future successes away, the whales are laughing & scooping up cheap coins.
And they will exactly utilize some FUD to make the price drop, make people especially small investors panic and then sell the coins in the low rates. And then, whales will buy those BTC. After this, they will probably manipulate or make some good news again, make the price rise up, and sell the BTC in higher price. And, it will be again continuing such as cycle. Market may be difficult to manipulate, but whales know how to do it and utilize it to make themselves get more and more profits.
Now, Bitcoin price is really crashing, by decreasing more than -15% during 7 days and still at the rate of $48k. Only one thing that I can say right now for me myself, be patient and close the market for a while, enjoy the weekend and take a sleep
December 09, 2021, 06:56:03 PM
At this point in time, now that bitcoin has proven itself it would be easy to persuade people to buy into bitcoin during such dips. Also, since the wallet holder already owned a huge amount of bitcoins prior to the recent acquisition, you best believe that they are already extremely knowledgeable about the ins and outs of the market, and that they know what risks they are taking by buying in to the market with that amount during the red season.
Also, moves like this are pretty common during bear seasons. Totally not surprised by this anymore tbh.
Also, moves like this are pretty common during bear seasons. Totally not surprised by this anymore tbh.
December 09, 2021, 06:50:18 PM
It’s what the big guys do, they buy low & sell high. Whilst all the noobs are being pathetic & panic selling their future successes away, the whales are laughing & scooping up cheap coins.
This is what whales normally do and they always do the right action towards the current market condition since they always look at the dip as the opportunity to buy. They somewhat like when peoples panicking to sell since this is the perfect time for them to do some action and next to that is hyping that's why we see the market stabilize after the storm. Also if we want to earn then this is good indicator to enter since for sure this is good also good time to ride with them.
December 09, 2021, 06:29:06 PM
Honestly even as a Bitcoin supporter I never see these buying actions as a high point,,, I mean whales buy and sell and move all the time, and if this thing is able to move the market,,, then it is actually bad news to us because it proves Bitcoin is not as decentralized or as resistant to centralized action as we all claim it to be.
So forgive me for not getting excited about whale moves
There's always that inequality no matter what market you've been dealing into as long there are people who do have those finances where this one involves multi millions then they would always be having the advantage.So forgive me for not getting excited about whale moves
Buying opportunity would be always there and only to those who do see opportunity will really made out steps which they know that
they could take advantage.
December 09, 2021, 05:01:21 PM
Are we going to witness war between whales where one group is trying dump the Bitcoin price by selling in parts while other wants to take advantage of it and accumulating Bitcoins to keep the market steady and setting it up for one more bullrun? IMO Bitcoin should cross the mark of $55k again in order to consider as the beginning of next bullrun, in past two days Bitcoin tried to cross $52k but failed multiple times. Let's see if these buys make any impact on current price which is currently impacted negatively.
December 09, 2021, 04:54:34 PM
It’s what the big guys do, they buy low & sell high. Whilst all the noobs are being pathetic & panic selling their future successes away, the whales are laughing & scooping up cheap coins.
December 09, 2021, 04:39:54 PM
Yeah, while some whales are selling, some are obviously taking advantage of the dip to further increase their bags. That good. 150 million worth of Bitcoin is no child's play.
December 09, 2021, 01:20:18 PM
Dont belive anything whales now selling not buying.
Maybe you are correct but i think it is the best time to buying Bitcoin part by part for whale, becouse we see that Bitcoin is $20k down from his new all time high. 
December 09, 2021, 01:00:48 PM
Some big whales are buying the current dip as more individuals and companies are buying the Bitcoin market dip as all is set for another bull run
yeah...and we know for sure that because of some transfers between adresses.
I wonder why nobody mentioned that this "whale" dropped 7500 bitcoins in one week when the price was 50-55k, so about twice and little more the sum, they've bought now in $, around 400 million.
Quote
704727 2021-10-13 02:44:27 -1,500.005 BTC (84,341,813.21 USD)
704132 2021-10-09 00:23:15 -1,500.005 BTC (81,220,212.89 USD)
704004 2021-10-08 00:14:01 -1,500.005 BTC (81,058,197.78 USD)
703700 2021-10-05 19:54:45 -3,000.01 BTC (150,298,147.9 USD)
704132 2021-10-09 00:23:15 -1,500.005 BTC (81,220,212.89 USD)
704004 2021-10-08 00:14:01 -1,500.005 BTC (81,058,197.78 USD)
703700 2021-10-05 19:54:45 -3,000.01 BTC (150,298,147.9 USD)
But let's try blowing things out of proportions because there is nothing else to do
Jump to: