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Topic: Whales are accumulating bitcoin - page 2. (Read 665 times)

hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
October 27, 2024, 04:00:11 PM
#44
Those that accumulate between when the last discount price mark of 60k before the jump that recovered the price back to around 67k+ at the moment, so for sure the whales already understand this Bitcoin market formula and their constantly taking the needed steps to accumulate more and placing themselves in the position to control the market in whichever direction they want, so also are the trader's who understands the time taking similar step to buy more Bitcoin each time the price provides them with such opportunity to do so, and at such a a lot of profits are being made from that approach.

So I am not surprised to see that statistics of whales who are taking the steps to accumulate the amount and number of Bitcoin to filld up the bags, and keeping it ready to be offloaded when the price skyrocket to a merging that their will be at high profits and also be able to influence the price in whichever way possible.

Whatever price movement and all time high movement that bitcoin have made in the past, is just a tip of the iceberg because in the next bull market, Bitcoin may likely double the last all time price as it benchmark at that time, but the problem is, when that time for the bull market will be and hoping that it doesn't take most of us unaware.
legendary
Activity: 2660
Merit: 1074
October 27, 2024, 03:40:39 PM
#43
Bitcoin almost reached $70,000 a few days ago, something which sparked my interest because the past few months have been quite stable, barely surpassing $65,000. There's still a possibility of a bull market till 2025.
What about on the past or now? You are here already, so which means you have an interest with BTC. Also, being stable in price is still a good thing and better than if the market is bearish even though it can also allow us to buy cheaper. With what what is said earlier that the market haven't dumped yet, it is a sign that the bull run is still around the corner and can get resumed anytime of the day most especially now that we are on the final quarter of the year.

There is no limit about the bull run that we can get which is okay because a bull run is a very good time. It allows us to sell for a very good profit and if in case the bull run is delayed these days/times, we can surely get it it later down the road.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
October 26, 2024, 04:55:42 PM
#42
For me it is obvious that the whales are buying BTC, the market itself says so, when it went up to $69k, then it went down, then it went up, then it went down again, even when the price range is below $65k things are very good for them to buy, in fact we are not surprised that the market can go down much more, it is normal if they enter from an exchange with shorts because that is what they have done, in fact they got Bitfinex into a tremendous problem because of that, saying that they were printing USD everywhere, but what really happened is that the majority of investors entered with shorts so that others would sell in panic and they would buy, so that strategy can happen again.

sr. member
Activity: 588
Merit: 254
October 26, 2024, 10:54:13 AM
#41
I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

I'd rather not speculate on whether or not history repeats itself, but simply have a look at the fundamentals and how Bitcoin is perceived by various actors in public. Talking about 2020 to 2021, that was still a time when Bitcoin got bashed by most politicians, now it gets embraced at least seemingly or they pretend to embrace it. I am particularly talking about the US politicians here, but in other countries as well. Bitcoin is not the rat poison anymore that it was once said to be. Some people would still like to get rid of it, but by now understood that there is no getting rid of it.

Your analysis or assumption could be true, could not be true. I would rather stick to my guns here and come up with my own assessment, which is not so much focused on the timeframe, but on the yes or no. Will Bitcoin go up? Very likely yes. Does it matter when? Not so much.
member
Activity: 95
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October 26, 2024, 10:12:06 AM
#40
Whales is not the only company that is accumulating bitcoin aggressively even metaplanet in asia accumulated 1billion yen worth of bitcoin  this period everybody is busy accumulating bitcoin towards the next bull run
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
October 25, 2024, 07:41:16 AM
#39
It is not surprising because whales not only have the ability in finance but also in the market, their purchase will affect the market and that is the main target especially now when Bitcoin is bullish, meaning people are buying but for whales of course they already have Bitcoin at a lower price than now to take profit at a higher price, maybe next year.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
October 25, 2024, 03:53:18 AM
#38
[Sarcasm] Yes, of course. The whales sitting all together in their secret office to operate this secret plan. [/Sarcasm]


Whatever are they planning still they are accumulating and that is the main topic here and also this same scenario we are seeing before the bull run,and before the all time high recording.

for me this is welcoming and valuable to the holders .
legendary
Activity: 2436
Merit: 1362
October 25, 2024, 02:56:43 AM
#37
It makes sense that whales are accumulating Bitcoin after all we are in a Bull market
and soon there will be a Bull run because se are in this part of Bitcoins cycle. TBH
I dont see this as a surprise that they would do that, I would speculate that there is
more accumulating happening now than selling off.

In terms of Whales, they are in a position to accumulate in times like this
without the need to sell out of necessity.
hero member
Activity: 1680
Merit: 845
October 25, 2024, 12:32:38 AM
#36
Well it could be that they are preparing themselves for a big rally, or maybe they are just whales, trying to out buy everyone and have a lot of Bitcoin at their disposal because we all know that sooner or later, we are  going to hit new all time high again.

It's not that there is a possibility of a bull market in 2025, we are in the bull market already. Although it could be a different bull run since we have hit new all time high prior to the halving itself. But still we are very positive that somewhere next year, we might be really seeing a 6 digit price of Bitcoin.
It's a little bit of both; whales are constantly acquiring more Bitcoin; however, statistically, we've seen that major whales are upping their purchases if they're anticipating market growth. Also, I agree, we're already in the bull market, even though it doesn't seem that way. I remember reading another topic a few days ago that this has been the least volatile bull period Bitcoin has ever noticed. I'm also positive that in less than 6 months to a year, Bitcoin will have surpassed $100,000 and hit 6 figures.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 24, 2024, 11:39:49 PM
#35
I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.
History will definitely repeat itself, as we've got the 4-year cycle there goes the whales that will continue to accumulate. With this, it won't be amusing anymore that the whales are actually accumulating at a faster rate. They don't want to be left behind and they know more than us that this bull run is much better and will be different than the past. With the increase in the percentage of accumulation, if they're doing that then those that haven't considered accumulating yet needs to do something for themselves already so that they will be able to ride on this bull run before they feel that they've been left behind already.
hero member
Activity: 1414
Merit: 542
October 24, 2024, 11:10:14 PM
#34
Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.
Although it's not necessarily an indicator that something is happening, I'm guessing that the whales are on to something. A few weeks ago I wasn't confident that Bitcoin was capable of surpassing its previous ATH, but now it's something that looks quite possible. Bitcoin almost reached $70,000 a few days ago, something which sparked my interest because the past few months have been quite stable, barely surpassing $65,000. There's still a possibility of a bull market till 2025.

Well it could be that they are preparing themselves for a big rally, or maybe they are just whales, trying to out buy everyone and have a lot of Bitcoin at their disposal because we all know that sooner or later, we are  going to hit new all time high again.

It's not that there is a possibility of a bull market in 2025, we are in the bull market already. Although it could be a different bull run since we have hit new all time high prior to the halving itself. But still we are very positive that somewhere next year, we might be really seeing a 6 digit price of Bitcoin.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
October 24, 2024, 08:07:18 PM
#33
I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.
Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.

You are right, whales always try to accumulate bitcoin no matter what season we are in because they are the ones with money and they have different strategies than us. They are not like retail investors like us, we need to wait, determine the trend to buy...but they buy whenever they want.
A real-life example that we can easily see is MicroStrategy, they have been continuously buying bitcoin since the 2021 bull season until now, they hardly care about what bitcoin price is trading at. Likewise, Blackrock has been buying bitcoin since the bitcoin ETF was approved, they have never sold a single bitcoin.
Whales are buying more and more while we, the little shrimps, are selling bitcoin every day because of Fud.  Cheesy Cheesy
hero member
Activity: 1680
Merit: 845
October 24, 2024, 05:01:29 PM
#32
Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.
Although it's not necessarily an indicator that something is happening, I'm guessing that the whales are on to something. A few weeks ago I wasn't confident that Bitcoin was capable of surpassing its previous ATH, but now it's something that looks quite possible. Bitcoin almost reached $70,000 a few days ago, something which sparked my interest because the past few months have been quite stable, barely surpassing $65,000. There's still a possibility of a bull market till 2025.
jr. member
Activity: 98
Merit: 5
October 24, 2024, 04:59:20 PM
#31
[Sarcasm] Yes, of course. The whales sitting all together in their secret office to operate this secret plan. [/Sarcasm]

hero member
Activity: 868
Merit: 952
October 24, 2024, 04:42:09 PM
#30
Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.

This is what some people call manipulation, Many people think that this people actually control or manipulate the price but I say they don’t but rather they manipulate the regular investors. Take for example Microstrategy, they usually buy whenever there is dip but guess what they make every of their move public, I feel this is just to get the crowd moving with them and when they announce sale there’s FUD by People so that they can buy at the cheaper price. Bitcoin whales are always those who are waiting to seize the opportunity to get a discount buy.

The recent movement of bitcoin and the timing is something that will intrigue an investor to accumulate although it is not FOMO if the plan is to hodl for long other than it is FOMO. This is the last quarter of the year and it is widely expected that a pump in this period is actually going to be the start of the much anticipated bull run and as such whales just want to add more to their holdings. For regular investors it is best to stick to your own DCA
hero member
Activity: 826
Merit: 481
October 24, 2024, 04:41:46 PM
#29
All bitcoiners have preconceived notions of bitcoin bull run before the price of bitcoin rises. When the excitement of a bull run works its way through, Bitcoin prices peak after that period. The idea we had from 2020 turned into reality in 2021. Which was the highest price ever at that time. Likewise, we expect a bigger bull market in 2024-25 than that. Meanwhile, all those who are whale investors are trying to hold Bitcoin as much as they can. Those who doing DCA are also trying to get a good preparation. A bull market excitement has been created all around which has come to such a state even before the last bull market. But those who will benefit the most in a bull market will increase their portfolio accordingly. Nowadays not only whale investors but all types of investors are preparing them self.
The fact is that, no one can tell when bitcoin bull market will happen and if we keep specualtive asides and face the reality of things, bitcoin have done what we call pre bull market run up in 2024 so expecting another bull market within this time frame can be almost an impossible speculations, and if all things be equal, bitcoin will have it next bull market possibility in the year 2025 which is the year where bitcoin ETF would have gained alot of ground already.



And yes those that are currently DCA bitcoin are going to be in a good position that time and for sure alot of whale's who are currently accumulating bitcoin also will offload alot of their bag since the price will be 2x of the current price of bitcoin and also doubling the previous all time high price by then, at least that will give alot of excitement in the community.
hero member
Activity: 2982
Merit: 610
October 24, 2024, 04:25:22 PM
#28
I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.
Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
October 23, 2024, 07:47:34 PM
#27
All bitcoiners have preconceived notions of bitcoin bull run before the price of bitcoin rises. When the excitement of a bull run works its way through, Bitcoin prices peak after that period. The idea we had from 2020 turned into reality in 2021. Which was the highest price ever at that time. Likewise, we expect a bigger bull market in 2024-25 than that. Meanwhile, all those who are whale investors are trying to hold Bitcoin as much as they can. Those who doing DCA are also trying to get a good preparation. A bull market excitement has been created all around which has come to such a state even before the last bull market. But those who will benefit the most in a bull market will increase their portfolio accordingly. Nowadays not only whale investors but all types of investors are preparing them self.
apparently it seems the accumulation phase resumed, the whales might be accumulating at this price because they know what's coming and expect bitcoin price to go higher than previous ATH in 2025. as for this year, I just expect the price to go sideways again I guess, this is the thing with BTC market, always so complicated to predict Grin.
I mean great deal of people caught off guard seeing the recent rally that suddenly rose up really high to almost hitting $70k, everyone thought BTC gonna just follow descending channel pattern and go around $50k again but turns out we're wrong.

as of now the market is having retracement and it could mean two things, it's just small retracement to create candle wick and will resume the rally after wards. or resuming the accumulation phase.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
October 23, 2024, 08:10:29 AM
#26
All bitcoiners have preconceived notions of bitcoin bull run before the price of bitcoin rises. When the excitement of a bull run works its way through, Bitcoin prices peak after that period. The idea we had from 2020 turned into reality in 2021. Which was the highest price ever at that time. Likewise, we expect a bigger bull market in 2024-25 than that. Meanwhile, all those who are whale investors are trying to hold Bitcoin as much as they can. Those who doing DCA are also trying to get a good preparation. A bull market excitement has been created all around which has come to such a state even before the last bull market. But those who will benefit the most in a bull market will increase their portfolio accordingly. Nowadays not only whale investors but all types of investors are preparing them self.
legendary
Activity: 3080
Merit: 1353
October 23, 2024, 04:20:39 AM
#25
It most likely we're heading toward the same bullrun that happened in 2022 & 2018. There are more long-term holder wallets. This means more people are buying BTC to hold it long-term. It seems the bullrun is gonna start very soon.
Both 2018 and 2022 were bear market that many bulls turned bears. The price of bitcoin and other cryptocurrencies fell during those years. The bull year were 2016/2017 and 2020/2021 which are the bull years that you are referring to.

And I think bulls come become bears as well, specially in years that the price is going down, it will make sense for them to accumulate and I think that's where it separates the wise and smart investors from all other investors.

As this whales knows when to enter the market and then accumulate as many as they can as the price is really cheap. Just imagine the lowest low for this bear cycle, it is $15,500 and so if they were able to buy in bulk and then just hold up to this day, this whales have a lot of profits already.
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