Topic: Bitcoin Whale bought $150 million worth of Bitcoins during the dip. - page 3. (Read 355 times)
December 08, 2021, 05:29:08 PM
Aren't these people concerned about address reuse?
December 08, 2021, 04:38:54 PM
It's definitely worth considering that while $150 million sounds like a lot to the average person, it's somewhat like pocket change to some multi-billionaires or companies. They can often run out of places to park or diversify their money but Bitcoin gives them another spending outlet. However, it's very possibly one of the giant companies like Paypal
Its mainly companies making these types of moves, even for someone rich, considering that most wealth is public data to some extent at least. An individual is definitely going to notice that amount of money, so while I get the point your making, it doesn't really matter in the grand scheme of things how much it's worth to them. The important part is this is a significant amount invested into Bitcoin at a dip, which contributes to people gaining faith, and creating a domino effect in buying more Bitcoin. So, while it might not be much to the person or company that's decided to do this, it's definitely quite significant to the wider Bitcoin user base.
December 08, 2021, 03:18:42 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, 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
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
It's definitely worth considering that while $150 million sounds like a lot to the average person, it's somewhat like pocket change to some multi-billionaires or companies. They can often run out of places to park or diversify their money but Bitcoin gives them another spending outlet. However, it's very possibly one of the giant companies like Paypal, who are actually a leach on Bitcoin as they take it all and hide it inside their walled garden - then resell it to retail buyers who can benefit if the price rises but must always sell back to Paypal. It could even be companies like Visa or Mastercard who see the writing on the wall and want to get in so they can resell too.
December 08, 2021, 03:11:32 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 wanta to play it correctly. As simple as that!
And since they do know that they do have the advantage then they would definitely playing smart out of it which lets just accept the reality that there are really people on this world which is rich enough on making out investment on things which we know that it is really worthThe 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 wanta to play it correctly. As simple as that!
to invest on and we do see its potential like Bitcoin. Tried to end up on monopoly? No it wouldnt end up like that for sure.
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December 08, 2021, 03:09:27 PM
According to the current price of Bitcoin the wallet holder is holding about 112,000 BTC automatically the owner of the BTC is not a whale but Humpback Whale.
Meanwhile, I found it hard to believe that the Bitcoin belonged to a single individual and it is possible that the wallet is a cold wallet of an organization or an exchange cause no one will dare save such an amount in an online wallet.
Try to change the topic as the above user advise.
Meanwhile, I found it hard to believe that the Bitcoin belonged to a single individual and it is possible that the wallet is a cold wallet of an organization or an exchange cause no one will dare save such an amount in an online wallet.
Try to change the topic as the above user advise.
December 08, 2021, 02:53:05 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!
December 08, 2021, 01:17:58 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, 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
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
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