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Topic: whales are accumulating Bitcoin millions from binance and bittrex as well - page 2. (Read 594 times)

hero member
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What signs these things are showing Huh What your views

I have a question:

I suppose the whales are buying a lot of bitcoins to accumulate like you said, so the price should go up a lot, right?

I suppose these whales that you are saying must have millions of dollars to buy a lot of bitcoins, so why the price is not increasing much? when the price drops a lot  always blame the whales. someone needs to show proof of these statements
Never mind the OP at first he didn't provide an evidence to back up his claim and there's no signs in the market that the whales are indeed accumulating more coins as he said.
With the experience i had about the crypto market this month is the season of whales market manipulation not accumulation.
legendary
Activity: 3164
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Leading Crypto Sports Betting & Casino Platform
What signs these things are showing Huh What your views

I have a question:

I suppose the whales are buying a lot of bitcoins to accumulate like you said, so the price should go up a lot, right?

I suppose these whales that you are saying must have millions of dollars to buy a lot of bitcoins, so why the price is not increasing much? when the price drops a lot  always blame the whales. someone needs to show proof of these statements
sr. member
Activity: 1176
Merit: 286
people get panic on every high transaction bitcoin;  the accumulating of bitcoin in sites exchange are normal and i dont think that prices to drop . but this is can be a sign for increase volume of trade in thos two sites exchange bittrex and binance
sr. member
Activity: 1834
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What signs these things are showing Huh What your views
There are two transactions worth of billions happened yesterday but we can't say this is whales accumulaction,who knows maybe the transfer from exchanges cold wallet to another.But if whales accumulating means we are about to see some bullish trend on the prices.Only time will reveal what will happen exactly.
I saw that on the whale alert some time ago, not a few news about the whales moving their bitcoin from wallet A to wallet B, did they hold and buy some cheap bitcoin since yesterday and collect it at one point of the wallet, if it is true it will follow a bullish trend it would be better, I'm still waiting for this month to end quickly and see it soon
sr. member
Activity: 1008
Merit: 355


People are always proclaiming that we are at the accumulation phase and that whales are buying Bitcoin by the millions but if they are how come the market remains to be anemic? Ahh, so that answer to that is that the whales are buying, and they are controlling the price, so they can buy low. Okay, I better take that argument hook, line and sinker since I am already tired of all these hullabaloos. This industry has already been turned into a big circus without us knowing it all because maybe we are enjoying being entertained with.
full member
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I will not blame anyone or group of people who have the money and ready to accumulate more Bitcoin at the current bottom price because everyone of us want profit on our investment and you will only gain profit when you buy at the lower price and sell at the higher market price. Now Bitcoin price is low and there is a strong believe that after halving come next year Bitcoin market value will increase.

They have the means to accumulate more and they are lucky. And it means that they believe that sooner or later, the value of bitcoin will increase. Because if they have no slightest hope that they can get profit or recover their investments, I don't think they will stake their money on this very volatile industry.
legendary
Activity: 3472
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the market is indeed in accumulation phase right now but i seriously doubt that whales are using these two altcoin exchanges for that purpose. they always use the bitcoin exchanges to accumulate bitcoin!
it is possible that Binance is getting some of the volume but definitely not Bittrex, their volume is at this point mostly fake as nobody really trusts them anymore which is why their rank dropped from being #1 a couple of years ago to above 100.
sr. member
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Whenever there is some positive or downward move in the price of bitcoin, it'll be associated with the news or some incident that happens around. This way now the large volume fund move between wallets were regarded to be sign of manipulation to disturb the market and accumulate as much possible at a lower price. Nothing has been precisely known from where the funds have got moved.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
Well I think you must specify with some tests what you think, with numbers, pictures, something for your support, however Binance has a large Volume, Bittrex not much (Less after having banned certain countries) but for you to review the volumes you can guide you here:




Source: https://www.bitcointradevolume.com/

I have found that this website has very real data compared to other sites.

And to see in real time I like to use tensorcharts.com

Try them, use them and you will see that you will have more real data and with crypto data volumes in real time.
hero member
Activity: 2660
Merit: 651
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What signs these things are showing Huh What your views

It's said in many places that we're in an accumulation phase. Whoever has money to invest, they accumulate, no matter it's from Binance, Bittrex or other exchanges, no matter they're whales or small fish.


I think it is better to check the volume, this data cannot hide what's happening but of course, how can we know it is not manipulated. But most knowledgeable enough, the accumulate slowly so that it will not visibly on record or have a sudden spike in prices.
As you presume. If the market is not manipulated, we are in the season of downtrend and slightly surge in price of crypto market which also the season for accumulating more coins.
I don't go through the link posted above to check if the accumulation are the truth because i already understood that experienced investors always used the last two months of Q4 of the year before halving to buy the dip.
Meanwhile, it not possible that the mentioned exchange site are the place they use for accumulation.
sr. member
Activity: 1330
Merit: 291
I will not blame anyone or group of people who have the money and ready to accumulate more Bitcoin at the current bottom price because everyone of us want profit on our investment and you will only gain profit when you buy at the lower price and sell at the higher market price. Now Bitcoin price is low and there is a strong believe that after halving come next year Bitcoin market value will increase.
legendary
Activity: 1806
Merit: 1521
What signs these things are showing Huh What your views

Au contraire, the BTCUSDT markets at Bittrex and Binance are actually trading $10-30 below Coinbase Pro and Bitstamp. If there was massive accumulation happening at Bittrex and Binance, the opposite would be occurring.
hero member
Activity: 1414
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Backed.Finance
What signs these things are showing Huh What your views

It's said in many places that we're in an accumulation phase. Whoever has money to invest, they accumulate, no matter it's from Binance, Bittrex or other exchanges, no matter they're whales or small fish.


I think it is better to check the volume, this data cannot hide what's happening but of course, how can we know it is not manipulated. But most knowledgeable enough, the accumulate slowly so that it will not visibly on record or have a sudden spike in prices.
legendary
Activity: 1932
Merit: 1042
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Its better to provide the link of those transaction to see everyone,

https://twitter.com/whale_alert/status/1202176928482021377
https://twitter.com/whale_alert/status/1202154576226537474

I guess this is all about OP is talking,Actually I get these tweet from WO thread where I tend to roam around when I have free time.

Source post: https://bitcointalksearch.org/topic/m.53257267

maybe here there is a misunderstanding.
Accumulation of a coin, as in stocks, bonds, commodity and in each asset whatever you want, is done day by day with tiny volume to be invisible at the crowd.
This is a common behaviour in a "Accumulation phase".
Few transactions with a huge volume each, could not be tagged as "accumulation".
copper member
Activity: 2940
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Transferring of significant funds could be whales doing a lot of accumulating, but you can never be sure that it's them, but you should be alarmed that there are these types of transactions and whale alerts are an excellent way to keep track. I know that their tactics are to pump and dump. They buy first and make huge candles then when everyone's buying they start to sell. I think it's quite common now.
legendary
Activity: 3080
Merit: 1500
What signs these things are showing Huh What your views

Firstly my question to you is that, how do you know that whales are accumulating? Let me know how do we also can see and understand this behavior of whales?

Apart from whales, I personally believe that the current price range is very attractive for us! So I am also accumulated at 7100 level in my trading account and waiting for the right time to sell and take profit! But I am really interested to know what whales are thinking!
hero member
Activity: 2590
Merit: 644
What signs these things are showing Huh What your views
^ Probably you are referring to this article that I have found, but this was about a month ago, https://blog.sfox.com/bitcoin-whale-alert-sfox-interview-3e77bbe55fc1. Whales or even small accumulators are now already accumulated bitcoin because at a low price in the market. They believed that Bitcoin will raise soon once the next halving event will come and early accumulating is a good way to invest your money. So far, Bitcoin price as of now struggling with the range of $7k but as we expected at the end of this year it will surge back in the market and let the time comes and reveal the truth, the most important is always ready, accumulate as much as you can and hold until your profit was there.
member
Activity: 1204
Merit: 38


Its better to provide the link of those transaction to see everyone,

https://twitter.com/whale_alert/status/1202176928482021377
https://twitter.com/whale_alert/status/1202154576226537474

I guess this is all about OP is talking,Actually I get these tweet from WO thread where I tend to roam around when I have free time.

Source post: https://bitcointalksearch.org/topic/m.53257267
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Accumulation is not really something that will ever end in bitcoin world, people are making way too much money to be able to stop from manipulating the prices.

Whales have managed to sell all of their bitcoins all at once which causes the bitcoin to drop in price, however after a while they started to make money by just slowly buying, when you buy slowly you don't disturb the market too much, there is also orders so you get to see how much you buying wouldn't change the price, yet when you are selling they tend to sell like crazy all at once. Hence, this type of market system. Bitcoin could be decentralized and nobody could change that, but maybe markets needs to be regulated, that way we could stop people from manipulating the prices so much.
full member
Activity: 798
Merit: 104
What signs these things are showing Huh What your views
There are two transactions worth of billions happened yesterday but we can't say this is whales accumulaction,who knows maybe the transfer from exchanges cold wallet to another.But if whales accumulating means we are about to see some bullish trend on the prices.Only time will reveal what will happen exactly.

Its better to provide the link of those transaction to see everyone, OP you should need to add more details regarding to your thread what kind of topic is this one if you dont have a little detail.
Well based on my observation we already have an opportunity to accumulate bitcoin while the price is too low.
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