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Topic: Bitcoin Whales have accumulated thousands of coins in last 2 months - page 4. (Read 14278 times)

hero member
Activity: 1806
Merit: 672
This only means that the whales are still alive and taking advantage of the market, the people in the middle of the food chain is giving their BTC on a discount for this hodlers which is obviously accumulating for the next bull run. There is really no other reason for that as 151,000+ BTC is no joke to be accumulated right now, yes it's nowhere near a million BTC but with the prices we have right now it's pretty big for someone accumulating. This might be a sign that they are preparing for something big.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
The more reason to not give in to FUD and panic sell. If these whales are stockpiling bitcoins, it follows that they believe the price will recover.

Actually no, they will see to that and you wouldn't want to be one of their useful idiots. They are just biding time. Maybe they are waiting for the halving on 2020? Who knows? Just stay put.
This is correct, it also has a very deep understanding of the market, those who want bull run to happen, it is very difficult, because due to these latest bitcoin movements, it has left a mark on the volume that operations have made.The best thing to do now is wait, not all the time is good to enter the market.
hero member
Activity: 1764
Merit: 584
The more reason to not give in to FUD and panic sell. If these whales are stockpiling bitcoins, it follows that they believe the price will recover.

Actually no, they will see to that and you wouldn't want to be one of their useful idiots. They are just biding time. Maybe they are waiting for the halving on 2020? Who knows? Just stay put.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
Large scale accumulation by the whales in the market has kept the market stagger within limits not showing any good signs of forward growth. Sudden release of huge funds to the market lead to a drastic change in the market capital and the same got reflected over the price of bitcoin. Once again the accumulation has begun, which has made price to be stable without big pumps and dumps.
member
Activity: 406
Merit: 13
The whales have always been the big players in the cryptocurrency industry and they own huge number of bitcoin mist especially during deep, they usually manipulate the market to they advantage while others will be busy selling they bitcoin the whales will be busy stocking them. So I don't daught it if you see huge number of bitcoin being own by whales.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!
That should tell us something, the whales the ones that stand to lose the most if bitcoin fails are not even selling their coins they are getting even more, if people despite their limited resources tried to imitate the movements of the whales then they could easily make money, this is not the moment to sell our coins this is the moment to hold them and if you can afford them to buy even more since the next bull market will probably be even larger than the last one.
legendary
Activity: 1442
Merit: 1025
This should also show us that the future is bright. These whales know something we don't know (probably) and they are betting on the price of bitcoin going up which means that if whales trust bitcoin why shouldn't we? That is at least the approach I would have, why wouldn't we really invest into something rich people do, isn't that what we have always wanted, to be on the same platform as the wealthy ?

If we are in the same train as the whales that is all we need to level the playing field and considering bitcoin is bitcoin for everyone involved we can mimick the moves of a whale and profit the way he does. When an oil company pays the president to deregulate the oil companies so they could profit more we miss out on that chance but when rich people pay the president to deregulate bitcoin users so they can profit from bitcoin, we can take advantage of that as well.
member
Activity: 459
Merit: 10
 I think whales still hold more than the BTC number 151.405, that number could increase to millions of BTC for a large organization. They often use BTC numbers to manipulate the crypto market and for margin trading.
There are reports that the trading margin has caused the market price to change when many people bet at very high levels and force whales to change the market to get that money.
You can see the risk in the crypto market is huge and the power of the manipulation organization is huge.
sr. member
Activity: 1988
Merit: 283
Now, the point therefore is that, some people have the financial strength to buy or invest in bitcoin but they would not, they would rather prefer to watch other people invest while they keep spreading fud about. So everyone has the privilege to be called a whale  Grin
no mate because as far as i know you  can call  investor as a whales only unless if it can contribute for the progress in the market or let say have a large amount of money which is like big companies that can manipulate the price time on time.  Correct me of im worng.! Lol
full member
Activity: 1344
Merit: 103
Yes whales very smart in controlling crypto as like controlling the bitcoin , whales can down and up the price to earn so much money . The one thing that i know is to always looking the price and analyze the flow because if we like whales we can earn more and we easily get a big profit. Always active and smart as like whales because in this industry we need to be as a whales too.
member
Activity: 217
Merit: 14
Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!
This whales know to manage their investments and know how to get a big profit from their investment or hodlings. Whales in the market know how to play their big funds in this market so hopefully they not be greedy and help the market to be in good peak again.
To get good return out of the market whales make the market according to their profit expectancy. To this they do some form of trade moves. This makes big impact upon the price of bitcoin downwards most of the time.
jr. member
Activity: 213
Merit: 1
Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!
This whales know to manage their investments and know how to get a big profit from their investment or hodlings. Whales in the market know how to play their big funds in this market so hopefully they not be greedy and help the market to be in good peak again.
full member
Activity: 2086
Merit: 193
I'd like to see what people think about this!

What I think is that accumulators are the true believers of bitcoin or whatever cryptocurrency.

Now, the point therefore is that, some people have the financial strength to buy or invest in bitcoin but they would not, they would rather prefer to watch other people invest while they keep spreading fud about. So everyone has the privilege to be called a whale  Grin
Well, you have your point but I think if the whales accumulates more coins for sure they have more power to control the market. Its hard to stop them, hey have more holdings compare to us so technically that’s the move of every whales. Hopefully, they will move as one and bring the market to the peak again.
full member
Activity: 532
Merit: 185
Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!

The numbers of the big wallets are too small to make any good conclusions. 
I would rater focus on the wallets adresses with 10- 100 bitcoins  those numbers are up this year, with around 1.200 according to numbers found in that  article.
And even better the number of bitcoins adresses with 1-10 bitcoins are up 4.200 this in this level we know many normal bitcoins owners are to be found. In fact every adresses with less than 100 bitcoins are growing in numbers.
This means that new people are still buying there first bitcoins and setting up wallets to hold them.
member
Activity: 392
Merit: 49
Yeah, I think it's another problem of Bitcoin to have a centralized supply like that.

Over time it will become better and most coins are also lost in big wallets. So many people mined BTC in the early days but didn't save private key. Only concerning thing is that in the last year more rich holders got richer and poor holders got poorer. Normally it should be other way round over time.  Huh Huh
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
Globally whales are the controller of the market and determine price rate per time, Money is a tool of influence, Am surprise thou at the amount invested since December 2018, This is a sign that the future is positive for BTC  as a currency, the bull run is sure to commence.
member
Activity: 616
Merit: 11
It is whales that are causing the ETF to be rejected and delayed over and over again. Do they not realise that manipulation is the reason why the ETF hasn't happened, and if they allow it to be stable for a bit longer we can finally get it!
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
It is a known fact that whales and the institutional investors where the sellers who sold on high and now they have started to accumulate but same time they are also playing with market like buying in low and selling in high and then buying more with profit in low, so this way they are accumulating the volume of btc with the same investment. This is why they are wise and who ever is selling in panic is the loser.

this is very true unfortunately. scheme happened allready after the break out above 4k.
legendary
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
I totally agree with the title of this topic, what we should make clear is that there is still much more to accumulate, in fact, we know that whales or Strong Hands never buy expensive bitcoin, buy cheap and many people bought Bitcoin in 20k , which, those people do not want to sell their bitcoins in the price that we are now.

The strategy of the whales is that if they do not sell the Bitcoins to these low price ranges, they have the money to shortear
 the bitcoin, until those who have bought at those levels close to 20k for fear of not losing everything, sell, this is a battle that can last Months, years, but we must bear in mind that whales have time and money.
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