Topic: bitcoin whales (Read 97 times)
Could be a buying opportunity of a whale cashed out?
How much of the volatility of bitcoin is due to whales influencing the market price versus new or outside investors?
With the cap being 500kkk+, it's not that important. It was something to worry about in 50kkk cap or so bro
In all honesty, dont worry too much about the whales. While they certainly have their agendas, you wont be impacted unless youre entering into a pump and dump.
There's no way to know for sure, but whales can surely crash bitcoin by simply dumping a huge amount of it on a single exchange, effectively crashing it more if it's a planned dump by multiple whales(not sure if they actually do this though). Though personally I think FOMO buys and fear sells has a bigger impact on the price of bitcoin.
How much of the volatility of bitcoin is due to whales influencing the market price versus new or outside investors?
Jump to: