Topic: Whales or institutes do not stop their bitcoin buying (Read 1152 times)

Whales, sure some of them will deump. Institutions, which are wayyyyy bigger than whales, not at all. Institutions are getting in to protect their money from inflation, low interest on bonds, and a pumped up stock market. Institutions are in for the long haul. A rich person who bought up $1 million or $10 million or $50 million in BTC sure they'll dump at some point, and then some institution will come along and scoop up in one fell swoop what a hundred of those rich people just dumped. Anyone selling Bitcoin (without a plan to get back in) is losing out on the best wealth creation opportunity available to them.

Whales or institutes don't stop buying Bitcoin because they want to create hype about Bitcoin, which if their target price has been met,
they will take profit and this can be a big dump. Because the main purpose of whales or institutes buying Bitcoin is to make a profit.
Therefore, always use stop-losses to protect the money used to buy Bitcoin. So if there is  a dump very quickly, at least there will be
no big losses, and later we can buy again when the Bitcoin price drops low enough.

Thats what I read and the user said they are using it to secure the investment since the fund used to purchase the BTC institutions are holding is the investors not the institution and in other for them to secure their career incase dump market start they are using Military base software which will give them the hint to sell at the right time.

Only the crypto enthusiast know that institutions dumping their holding is an act of loosing lifetime opportunity but the institutions dont care about the beauty of crypto, they only care about profit making and thats what they sees in BTC before they join it.

A blood bath indeed. I am already very scared thinking of the crash to $45,000 in 12 months. I hope that everyone will be OK. Bitcoin will surge back to 6 digits, where it belongs.

I agree, and while the fact that every single one of our transactions can be monitored in the future is scary enough that is not the worst part, with a centralized coin the government will have the power to silence people with incredible efficiency, if someone disagrees with them they will just cut them out of their funds and starve them that way, this is why they want to get rid of cash and they are putting all kind of limitations on it.

But satoshi saw this, and not only he saw it he did something about it, and created a tool that will allow us not only to resist that scenario but to thrive in it as bitcoin will be the preferred form of payment as such currencies get implemented.

I think that's what caused the price of bitcoin to continue to rise today.  bitcoin has gone up so far that many people cannot afford to buy large amounts of bitcoin, and there are also people who are waiting for a collapse in bitcoin prices like in 2018. I think it is impossible if the price of bitcoin will drop from $ 31,332 to $ 5,000.

Yes obviously people have had years to be smart and buy into Bitcoin, but even now it is still early days for Bitcoin in the grand scheme of things. Bitcoin is still looked at as some sort of scam or super risky investment that you're probably gonna lose all your money on by the majority of people. Institutions are just now starting to get into it in any real manner. The risk/reward ratio of Bitcoin is still obscenely balanced toward reward right now. Just wait until its normal for corporations to hold some of their treasury in BTC, normal for investment funds to hold a few percent in BTC, normal for central banks and governments to hold some BTC, normal for billionaires to have 9 digits in BTC, and US BTC ETFs start getting approved so its normal for the average middle class person in the US to have a couple percent of their retirement fund in BTC. In 5 years these most of these things might be normal, so anyone buying BTC in 2020 or 2021 in the low to mid five digits will be considered early smart money in Bitcoin, even if they are late compared to a lot of people who got in years earlier at a fraction of the price.

If you gave me $1 million right now I'd put every last penny in BTC (well okay I'd probably put like 30% of it in ETH). It'd be a waste to put it in anything else when we already know what is going to be the most obvious best investment in the world in the years to come.

Big money is used to making bets on companies, like startups, looking to make a fortune if any of them pay off during an IPO years later. This is where they are considered smart money. They aren't considered smart money when novel investment opportunities pop up, like BTC. In these situations they are very conservative, which is why you see them only just starting to enter Bitcoin in late 2020 when many millions of people have been talking about Bitcoin for numerous years and everyone knows everyone in Bitcoin is making tons of money. It took mass government money printing and 0% interest rates and now accepted for the long term for these types of investors to realize that Bitcoin is better than sitting in cash or being happy with a 1% in bonds or a few percent a year in stocks.

I'm just saying don't judge them too harshly. They are still in very early in the grand scheme of things so can still be considered smart money. Nobody buying bitcoin is at any risk of anything other than making a ton of money. These are conservative investors and only get into something when it becomes big enough that they can be sure it won't disappear and also only when their other options start looking bad.

MILITARY SOFTWARE?


Then that would be the biggest mistake for letting go the biggest investment opportunity of our life-time. Nation-states HODLing would be the next phase. Make it expensive for them.

It sounded like they really are the ones controlling the market when and how they want to price will be. But it's a good practice to move your coins outside the exchange and I guess this is what they did. I guess the market bids are rising while institutions are trying to accumulate more BTC and the demands making the price higher.

Its a good thing that the whales and investors are buying bitcoin massively thus triggering the present bullish season this is a big plus for long term hodlers who should made massive profits now. I hope the implication of these massive investment wouldn't result to price manipulation in the nearest future whereby their actions and inaction will dictate the price of bitcoin.

Ok, I agreed with the google search result and that's the reason why I think we need to be for what may happen since the institutions are the primary investors and I read in a thread that they are using Military software to manage their investment. However, they can dump their holding once they feel satisfied.

I was talking about the 2017 ATH of Google searches for the term "Buy Bitcoin". Check ChrisPop's post for the context.

The current Google searches are not as high as 2017, which suggests, or could suggest, that major buyers are institutions, not regular internet people.

With the very rapid rise of the Bitcoin price starting from December 2020 until now, it's obvious this is because whales or institutes are constantly
buying Bitcoin. If you see that no correction has occurred, like whales or institutes does not plan to take profit in the near future. As the opening
post said that more than 12.2K BTC moved out to cold wallet, this has confirmed that they want a long-term investment in Bitcoin. I am
increasingly optimistic that throughout this year the possibility that Bitcoin will continue to increase in price, I will also HODL Bitcoin that I have.

When the issue of avoid ones career to end (if investors money are lost through crypto investment) come into the subject, i think we should be prepare for the surprise that will occur from the institution verge as the demand keep rising.

I dont understand what you mean by tne Bitcoin not as high as it 2017 market when the 2017 January market trend was surge and correction but this year January market was takeover by surge momentum. However, it too early to finalize the trend of the market that just started. How did the military grade protection work?

Soon, buyers will want to buy it by the quadrillion satoshis, but what's available is just trillions of satoshis. It's becoming scarcer and scarcer. High demand, limited supply. SCARCE.


It's not as high as its 2017 ATH. Major buyers of the current surge are institutions. Our fellow plebs haven't emerged yet.

We might see more violent movements in the markets as the supply is getting thinner and thinner while the institutions want to accumulate more. I've also seen a recent statistic that "buy bitcoin" keyword is trending up on the google search analytics. Fundamentally this is very bullish and for sure the institutions are using military grade protection for their assets. When you're playing with investors' money you can't take no chances or your career is over.

When an asset is in price discovery mode and the fundamentals are strong, expect some crazy results. That's all I can say.

If you check the wallet of those whales they are actually continuesly buying bitcoin. Orthe right thing to say is they are continue trading BTC at this moment to add more holdings  I just watch one of the address they even add more of at this current,this is only proves that they trust bitcoin more by now unlike from the last ATH of bitcoin.I still don't see large wallet holdings being moved to exchange as sign of correction.

To me you can't really be called smart if you buy BTC now instead of a few years ago, or even early last year. I don't mean people buying small quantities, I'm talking about rich people diversifying in BTC. If you're an investor you know about BTC since at least 2017, there is no excuse to be a nocoiner in 2021. As much as I believe the price of BTC long term will be higher, buying now is still a risk in the short term. If you gave me 1 million, yes I would buy some more BTC, but I wouldn't spend all of the million on it, too risky, better to keep fiat for when BTC goes down in price.

As a matter of fact when I had the feeling that institutional financial specialists and whales are not abandoning purchasing a lot of Bitcoin was before Bitcoin hit its ATH, that is, during that time, when Bitcoin dump it won't be long for it to hurry up and begin developing once more, this was totally not the same as past bull run when a dump will prompt further dump, however this time around a dump was trailed by a siphon. Likewise, this means that Bitcoin has come to stay with us while disturbing the world frameworks, it is additionally a sign that the worth will continue expanding since it's conspicuous the huge players are truly holding and not selling at any point in the near future.

Bitcoin is simply a part of an asset class of its own category. "Classified Undefined" is more apt in my opinion.


OR, they're buying it a speculative asset. But I'm confident, with how Bitcoin was designed, many of them WILL become HODLers.

I do not consider Bitcoin to be a speculative asset.  Yes, it is a deflationary asset, so it grows in value over time.  However, in 2021-2030, Bitcoin is about more than just price increases and profits.  Bitcoin is freedom.  

Various states are planning to create Central Bank Digital Currencies (CBDC).  At the same time, cash turnover will decline.  In the near future (2021-2030), cash will be completely withdrawn from circulation.  CBDC is digital money that limits people's freedom.  All income and expenses, all transactions will be tracked in real time.  

Bitcoin is freedom and independence in the totalitarian world of the future digital concentration camp.  Not everyone realizes this yet.  

However, representatives of the world's elites and the smartest businessmen understand this very well.  That is why the price of Bitcoin began to skyrocket in 2020.

Then congratulations to US the plebs of Bitcointalk, who bought the dip, under $10,000 and front ran all the institutional investors. You know what to do, and what not to give everyone else what they want. HODL, your Bitcoin.

They are going fully into the investing game. This could promote massive centralization.

These market institutions are really preparing for the digitalization switch. They are not supposed to make and accumulate more if they are not seeing the possibility to get raid over fiat use. They are anticipating the future demand of Bitcoin and to believe that the price will get higher and higher as the adoption grows.

I don't think this was a trap and sort of manipulation but something warns us that sooner or later, the majority of the people will likely use Bitcoin and big companies are into accepting it.

But this is the fault of the average Joe, they had years even a full decade to get in bitcoin and yet they did not do it, we know this day was coming and we were desperately trying to get everyone we could on board and they either did not listen or they made fun of us, so they are on their own and they will have to wait for the next revolutionary invention to come in order to reach anything remotely close to what bitcoin has given and will give in the future.

And even then I am sure they are not going to take advantage of that opportunity anyway even if it were to appear and people similar to us will try to make them invest in it only for the average Joe to lose the opportunity again.

no correction and rise in price must be a perfect condition for them to start selling but i wonder why they didnt to that , what are they waiting for ? christmas is already over but new years arent yet however they did a good job for others .

i like how they sacrifice their own self gratification but we dont need to be shock soon or complain when the price suddenly crash hard because by that time happen , we know that its them taking profits .

I agree that whales and institutes are not planning to take profit any time soon, and continue to buy Bitcoin. It can be seen from the Bitcoin
price that there is also no correction, but the Bitcoin price continues to rise in price. This is a good thing in my opinion, because it will greatly
benefit us as Bitcoin holders. And also another positive thing that can happen is that it can attract new investors, because now Bitcoin has
become the center of attention in the investment world.

I have been looking on chart and other data on bitcoin for almost a week and I saw volume of trading were dropping each day. However, because of recent whales activities, the price had already stabilized making the market again in another consolidation but are we expecting consolidation? I think no.

I am convinced that these whales are not just an ordinary institutions, they are massively buying every sell off retailers executed in the market which makes the price to move even higher. Reaching 30k before year end or 1Q of  2021 could perhaps a good milestone for bitcoin to continue bullish cycle.

you are missing two important factors.
first altcoin traders are mainly trading them against bitcoin, so there won't be any capital coming to bitcoin when they dump XRP to get BTC directly. consequently it won't affect bitcoin price.

secondly when altcoins dump their value decreases a lot specially when something this big and negative happens to them. add to that the centralization of XRP and failure of the company is the failure of the shitcoin so it won't take long to reach zero which means selling XRP won't give people that much capital anyways.

Whales are still buying bitcoin because bitcoin adaptability is rapidly changing that more people are accepting bitcoin and cryptocurrencies as a digital currency. It is the reason why bitcoin's price is currently stable and growing because it is being recognized by famous and non-famous people worldwide.

This is crazy the market has become the playing fields of whales and institutes and we small traders are benefiting from this, on long term with most of the supply are on hoard the price will go up, this will push the price to go $50000 or even up, is this the roadmap to 6 digit? I hope it is., the only downside is if they connive to crash the market, those with large amount can do that.

If you think the crypto community should have bought most of the BTC and thus prevented large investors from investing, it was a mission impossible given that even during the greatest crypto winter the price did not go below $3000 - this is also expensive for the vast majority of small investors. But let's say that's happened and there's not enough BTC on the market to satisfy the appetites of big investors, do you think most would resist selling at prices that would surely be between $50 000 and $100 000?

I don't think it's too late for something, as always BTC has new challenges ahead of it and one of them is for sure how not to let most coins fall into their hands, especially not at such low prices if we understand the growth potential. However, there will always be those who will sell and those who will buy, we cannot prevent anyone from trading on the open market.

Bitcoin is the future for modern payment transactions. Some institutions and whales get into bitcoin because they realize bitcoin is very valuable. So that many new people finally enter and invest in bitcoin. Even though whales and institutions stopped buying them, many holders of bitcoin and were able to survive until bitcoin reached the new history it is today. Bitcoin once hit its lowest point, but is currently able to reach its highest point. Whales and institutions will not just stop buying, they already have a good strategy to get more profit.

It's a trade-off that can't be overcome right now. We knew that was coming: personally speaking, I wish the bitcoin community could have done something to counterbalance that during the crypto winter when the waters were calm.
Today it's too late.

I'm sure you meant billions (instead of millions), and I have to admit that I'm not exactly sure what's going on with that altcoin - but I can see that its market cap has dropped by more than 30% in the past 24 hours. Sure, the money will spill over somewhere, but for anyone who held that altcoin, it would be really silly to decide to invest in another coin - apart from what Bitcoin shows, it's hard for me to understand someone is looking for an alternative when it comes to cryptocurrency.

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Let's call it the fear of all those who are still undecided about investing in Bitcoin - because no one can know what their intentions are and whether any of them will decide to sell everything at some point and thus start a chain reaction. However, we can hope that they still invest in the long run and that all possible sales will still take place via OTC - in the same way as they buy now.

My concern, however, goes in the direction that all of this BTC are in custodial wallets, which means not only they exposed to hacking, but they are left at the mercy of regulators and governments who can freeze them at any time.

I agree, I used to think back in November that this is probably yet, but with the current market trend for BTC it seems that back then it was just getting started. Surprisingly, this is a new record for Bitcoin and one which will leave a positive mark for the rest of alts.

Yup, the waiting game is about to get super serious now that speculations about what BTC value could be in 1-2 years. Perhaps, this is a strategic move that large investors like companies and institutions have gotten themselves ahead of??? Who knows... Though for me, one thing is clear - HODL BTC

If institutions and whales are sending their Bitcoins to cold wallets for safekeeping rather than selling off at these prices, then, it's pretty clear that they don't think we're anywhere near the top yet. That only means that we're likely to see more upside movements before a major correction would come. My fears however, is that since if these institutions have huge BTC holdings, what happens when it's time for them to take profits? 

That's one advantage Bitcoin has we're not talking about often : we don't know who created it, so there is nobody for authorities to harass ! Smart, isn't it ?

Of course, there will be more and more whales. Look at the price of bitcoin and you will understand everything.

How the Ripple lawsuit and appeal ends will be very interesting for crypto market. If Ripple fails with their appeal (I think so) the capital in Ripple will switch to bitcoin and a few top altcoins. More than $13,2 million will be available on the market. This capital is more than two-thirds of Grayscale investment in bitcoin.

Ripple: 487409 BTC (that will change with Ripple appeal result)
Grayscale's total holding: 607274 BTC. https://bitcointalksearch.org/topic/m.55932167

This is really one thing worth discussing, because the rules of the game have changed in favor of the big players, and to the detriment of the small ones. While BTC was relatively cheap it didn’t interest most of those interested today, but it didn’t really interest the average Joe too much. Now there is interest from everyone, only the average Joe looks at the price of BTC with great wonder, and it has become too expensive for him - while wealthy investors have no problem paying 1 BTC more than $30k if we look at the premium prices happening at Grayscale.

The higher the price goes up, the more interest the big fish will show - because big fish are attracted to big bait.

Whales can really manipulate the market, just like those big investors or businesses that hold a huge amount of bitcoin.

Just wish that whales will not dump some of their assets in the market so the bitcoin's price will not go down when we don't do any transactions yet.

I still hold and hold whenever I can so that I can have a much higher profits where I will not have any regrets.

Moving Bitcoins to cold wallets means whales and institutions are preparing for the future. I know this is just the beginning of whales and institutions keeping their Bitcoins in a safe place because maybe other investors are waiting for a short dip to buy some.

This only mean that there is no panic selling, Hodlers are really decided to reserve their coins. Since companies and institutions are starting to attract more people to bitcoin, holders are seeing the potential of Bitcoin for long term. Bitcoin price might have correction but there will be for sure a recovery after drop. Bitcoin have reach a really grrat milestone, there will be a bright future for sure.

Plus Bitcoin has become a more attractive investment priced at $27,000, than priced at $10,000. No one would be stupid to sell their coins on a "correction", when we know that $30,000 is a mere 10% away.


There will be some coins joining Bitcoin, but it won't be like the craziness we saw during 2017. The institutionals are HODLing the Bitcoins now, not plebs.

People talked a lot about 30% correction and the $15,000 equals to 34% of fall from $26,000. It is close to 30% correction. Bitcoin dominates the market and its dominance reached 70%. I agree with you that the 30% correction is big and people are waiting for cheap bitcoin price will must feel very happy if the correction actually occurs. It won't happen every month and with the bullish investment sentiment from institutes and coming retailers, bitcoin will not retouch the price again (after any correction is close to $15,000).

Any big correction of bitcoin will create a massive change of capital and altcoins will see a capital switch from bitcoin.

Yeah, I think we're assisting at a full on accumulation phase. Taking into account the shallow liquidity and thin order, in other words the low supply and the high demand coming from institutions a rapid climb to $100k is not excluded.

Wondering what will happen nations will start buying for their reserves. 

I like this, you never know when an exchange is going to be hit by the SEC with a lawsuit or a hack happens or one of the many scenarios in which you cannot withdraw your coins from exchanges, institutional investors seems like they are finally getting it, the advantages that bitcoin has over fiat and even gold cannot be underestimated.

And as government keep printing money thinking the economy and the people are going to keep taking it institutional investors are basically doing what they have always done which is to protect themselves with the best possible asset they have available and right now that asset is bitcoin.

Yes its good to hear that, its a positive action they took large investors buying big amounts of bitcoin and storing it in cold wallets mean that the circulating supply will drop and the demand on bitcoin will increase and with the drop in the number of sellers the prise will go up even more.

Perhaps the OTC market the grayscale BTC shares are traded should be counted in the total exchange inflow/outflows. I don't know the volumes it produces though and haven't seen the order books. The prices there are higher usually for unproven reasons yet. Maybe we should be adding these too, as it is trade and I'm not sure if this is called derivatives. The assets are in the custodial accounts and are not used in other way so it can't be derivatives.

We all have families and now are holidays. For example, I'm not trading at all these days (2 days completely off), just lurking around for a few news or so while resting. I guess many other people are doing the same.
The volume will raise after another week or two in laziness.

It's a good thing to know that whales are doing good for bitcoin market and don't let it fall. But I think they just hold back for a while because of holidays and to make sure that their bitcoin is in a safe place,  that's why we should be observant to the bitcoin market because we don't know anytime soon bitcoin will suddenly drop.

It's an obvious bulk buying so it's really a whales buying Bitcoin in that price you can even see it in trade history of different exchange not an ordinary person can buy 200 -500 Bitcoin in a single buy . The only question is how many whales is actually buying it, they will take it as advantage to sell it in higher price so they will continue doing that until they are satisfied in the price. I don't say that there is no small buyers but I just want to point out  that there are whales continue buying it in bulk.

You can't consider the moved amount is bought by the whale, just take a look at the price difference in the day you are analyzing clearly there is huge spike in the price per unit as well so why you don't consider this as people buying it instead of whales.

This is actually a very good sign to see bitcoin whales still buying bitcoin even with the current price. If you read their mind, you will see they are buy at current price because they think bitcoin will see higher price levels soon and they right because even the covid pandemic and economic crisis couldn't make the price stop reaching higher levels. So, there is currently not any negative fundamental new to act like resistance and make the price to fall. If you are a holder, just hodl and enjoy.

One transfer might not have any impact on the market but if this trends continue and it can be proven that they're institutional inventors moving funds off exchanges to secure wallet like cold/hardware wallet then it'll definitely have an impact since such development points toward a bullish trend for bitcoin as the supply of coins in circulation and demand is constantly increasing.

The incident been discussed here can't be verified although most likely its a transfer from one of the institution currently picking interested in bitcoin imo. Unless they make a public announcement our discussion and assumption won't come to an end so instead of debating on an issue we have no idea about let just end the discussion.

The most important thing here is, this is definitely a bullish movement, as a whale in person of an investor or institution is moving his, her or their bitcoin into a more secured storage.

OR, they protect their investment by placing large bids, and buy walls. Michael Saylor has an average for his Bitcoin accumulation priced at about $15,000. I believe that price is as close as the lowest low that we can "buy the dip, HODL". We won't see Bitcoin below that anymore.

It isn't exactly odd that institutes are moving out their funds out of exchanges since most institutes/companies are using Bitcoin both as an investment and as a safe asset. Exchanges are in the end, only their means to an end to get Bitcoin. Additionally, I hardly doubt it would move the market that much since it technically is just a transfer of funds and not really a buy and sell trade by institutes. As for any changes when they sell it, well, it depends on the market. When they bought it, it didn't really have that much movement imo, and even without them, I think the market would've still continued on towards the current state it is right now.

and they want assurance to Hold ,This is one good move so if there are more Holders who will do the same then meaning that the Bitcoin supporters are ready for the Next year and won't use their Bitcoin to trade again.

Well if we can only check most of small holders ?sure they are doing the same thing as mine ,after selling all my XRP ,i move them all to Bitcoin and a Bit for Ethereum.

Don't care about the correction because Holding leaves me no stress and no time spending ,i can make use of my time enjoying the Holiday not like when my coins is still in Exchange.

This is my biggest worry whales don't miss any opportunity also they are the one who are very scary for BTC community, right now lot of big companies are pouring money so logically they won't invest at this time if the price drops at a certain stage whales will disaster the market as panic sell will be extremely high. Either institution or whales they are the strong contenders in BTCs pump and dump.

Also in these tweets the author Ki Young Ju mentions about:


Lately my mind is coming up that any investor in Grayscale is buying Bitcoin.

It's just me putting my coins in cold storage for the holidays, don't mind it.



Just kidding.

I also think it's partly because of Christmas, at least the quietness.

Also, for people wanting to cash some fiat in, doing it at the end of the year means you will pay taxes on capital gains, so some planning is needed, by now it must be done, no need to keep coins on an exchange.

The opinion formed of a quiet market seem not to be the same, Bitcoin made a new ATH today, when I compare the most part of the year, nothing looks different from the present holiday, this is internet, things cant be too quiet because of holiday any more. What is Coinbase etc benefit from restricting withdrawal after they got their transaction fee?

How can you say that they don't plan to take profits anytime soon with certainty, if all you have is just a fact that they withdraw their coins to their wallets. Cold wallet doesn't mean that it's hard to access, even with self-made setup it takes 10 minutes to transfer coins. Different traders have different levels of greed, some are satisfied with 20% profits or 50% profits, which is why corrections occur - someone exits because they already got enough profits. Bull market is not only about hodlers refusing to sell, you also need new buyers.

Although we can't say exactly if this bitcoin moved to a cold wallet, but this is a positive sign since the fund came from an exchange. Such as amount our from an exchange means the fund is storing in a safe place, most probably they would hold for a few time which would prevent bitcoin from a fall. All over the movement of whales and investors are pretty positive that pushing bitcoin uptrend.

Who knows if they want to hold for a long time instead of trading. We don't know during trade they will lose or earn more. But a long hold would more profitable for them.

It seems like they are still actively acquiring more and more bitcoin by the day, which is good though at the same time quite worrying since the supply is getting centralized to a few people/organizations. Grayscale being the leading entity in acquiring these coins are strengthening their position with more and more bitcoin purchases, and seems to be storing them in cold storages, therefore subtracting their coins from the active market supply. If every big companies who recently bought bitcoins did this, then a crash wouldn't be so much of an issue since there isn't much coins to work with. Plus them being in the public eyes who braved to buy bitcoin will be used as a form of 'assurance' by newbie and unknowing buyers to make their first purchase. If these lads could buy tons of bitcoin despite the on-going criticism of investment experts on the coin, why can't I buy even just one?

This is good news. This time around, crypto investors have no desire to back down. Really good support for the bull market. Investors are determined to push the price forward this time. For the moment, nobody is content oneself with the $ 20,000 level. For them, this is just the beginning. For now, the only danger may be that the whales suddenly sell, bringing with them short-term investors, lowering the price.

Let us analyze this amount, suppose that the current price is $ 24,000 and the market capacity is 455284185910, so this amount represents less than 1% of the total current market capacity and thus will not affect the price, up or down.

The higher the price, the more difficult it becomes to move the price up or down, and it requires a lot of market capacity to do so.


You can bet that this amount will change the price of many alternative currencies and cause their price to rise by more than 100%, not bitcoin.

It looks like that related to the grayscale who has been buying more than 12k bitcoin

https://www.financemagnates.com/cryptocurrency/news/grayscale-accumulates-12319-bitcoin-in-24-hours/
Grayscale is actively adding more and more bitcoin into his portfolios. This company was always buying hundreds of million dollars worth of bitcoin quarterly. It looks like the amount is the same as how much bought by grayscale.

Actually when I had the sense that institutional investors and whales are not giving up on buying much Bitcoin was before Bitcoin hit its ATH, that is, during that time, once Bitcoin dump it won't be long for it to pick up the pace and start growing again, this was entirely different from previous bull run when a dump will lead to further dump, but this time around a dump was followed by a pump. Also, this is an indication that Bitcoin has come to remain with us while disrupting the world systems, it is also an indication that the value will keep increasing since it's obvious the big players are seriously holding and not selling anytime soon. Lastly, keeping their Bitcoin out from the reach of exchanges is the best move, this will keep them as anonymous as possible and will remove them from unnecessary prying eyes.

Dropped "ALOT" Today? It's Christmas/Christmas Eve. Day-traders/active traders, whalecumulators, and other types of investors have families/need to relax too, like us plebs. Hahaha.

Merry Christmas! Let's HODL to 6 digits!

With the way the price is moving currently, there's no better way but to keep holding and wait for the next bubble to form and burst. So I'm sure smart investors know this and it's really hard to short bitcoin as you might get REKT today.

So I'm not seeing any more incoming dumps and there are a lot of money pouring in pushing the price to $25k-$20k early next quarter.

IMHO, this is not new. Before we get to see the bullish run, there will always be news like this that sums of bitcoins are coming in and out from exchanges. Be it from whales, institutions or just an individual playing his own transfer to make it out on the news and sort of move the market. Just like us, these whales want to have their bitcoins on their own custody rather than let it on the exchanges where the exchanges are the ones that will take control of their holdings. But needless to say, this still brings a good vibes with the market that we have but we don't know how long they'll be holding. They can move it from time to time and then there will be a batch of articles and tweets publishing it.

Hopefully this hodl will be a long term type for these whales because anytime they can dump all this coins back into the market and drive the prices down. The good news about this is that the prices will go up and it will only be a matter of time before the coins starts pouring in.

It's Christmas so most of the traders probably aren't active.They won't be that active during the holidays,I guess.
Anyways,moving more BTC to cold wallets is a good sign,unless the US government decides to ban cold wallets(or creates some kind of KYC for cold wallet owners),which is very unlikely to happen.
I'm not sure about Coinbase letting lots of people and companies buy BTC using their platforms and moving that BTC outside the Coinbase wallets.I assume that Coinbase makes money from the buying fees,but they are greedy,so they might impose new rules to force their users to keep more BTC inside their Coinbase wallets.

Actually this is a good sign, very bullish since people and institution are taking out their bitcoin to exchanges like Coinbase because it's obvious that they are going to be a HODL.

And with Coinbase notoriously being down when the price of bitcoin is going up, I wouldn't surprised by this move. "Not your keys, not your coins", Be your own bank" attitude for experience investors here.

volume on major exchanges drop ALOT today.  Curious what people think is the reason.....

https://nomics.com/exchanges/bitmex#highlights




Also you are right institutions are buying .......seems hodl s are selling though

https://blockcast.cc/news/what-you-should-know-about-bitcoins-growing-1000-club/

More than 12.2k BTC moved out of Coinbase to cold wallets (likely) and that is a very good support for bitcoin bull market. Overall, the fall of reserve on crypto exchanges stop its fall as whales began to deposit and maybe they take profit but as outflow chart shows there are more investment from whales, institutes. They are very bullish in bitcoin as they withdrawn and stored their bitcoin in likely cold wallets, not in custody wallets on exchanges.

They don't want to lose their bitcoin from any exchange compromise or government lawsuits and don't have plan to take profit too soon.

https://twitter.com/ki_young_ju/status/1341688251195609089
https://twitter.com/ki_young_ju/status/1342050669746913280