Bitcoin Forum

dailyhodl.com reported :
one of the biggest whale in the Bitcoin moved 14,623 BTC worth $225 million.
I don't know it is true or not. But at the time of writing, looking at coinbazar724.com, Bitcoin price is $ 15,865.64.
let's see what will happen to the price

Nothing. Such news are almost every day. Just recently we had 1 billion $ transfer from silk road related wallet and ... nothing.

69k BTC from silk road 8 days ago
https://www.cnbc.com/2020/11/04/1-billion-of-bitcoin-linked-to-silk-road-is-on-the-move-elliptic.html

88.8k BTC moved 2 weeks ago
https://nairametrics.com/2020/10/27/bitcoin-whale-transfers-1-1-billion-worth-of-crypto-for-3-58/

Who do you guys think this might be?

Seems it's not over yet, those bitcoins keep moving, bitcoin amount in those wallets increases, decreases and divides into other addresses.
some addresses still hold a huge amount of money such as;
- 13DDaTNyfhhixDcMggrL2QucBHbmv731Kv = BTC3,276
- 1MkNCrojT4iThVUXuLmXd5v6Ed85zjEBvN  = BTC3,277
- 1G4fjcAVtZCfU1yZQk673mbrVXjXgkEVcT = BTC13,913
it could be someone transfer bitcoin to other persons, to exchanges, or to his other wallets, could be anything.
while people are attracted to addresses that contain large amounts of bitcoins, other adresses which contain small amount of bitcoins probably the real transaction to pay something or to cash out fiat currency.

It's difficult to know, the only clue we have is one of those addresses that are involved or linked with Silk Road (https://en.wikipedia.org/wiki/Silk_Road_(marketplace)) a long time ago.
So maybe it wa Dread Pirate Roberts known as the pseudonym of the founder of Silk Road, we really don't know. I also think the address is not owned by a single person only, those Bitcoins are extremely high.

We can just back track and know from which wallet the transaction has taken place. Quite often we get to see large volume transactions taking place between different bitcoin address. Once it was found the wallet address was the cold storage of an exchange. This way we can't just come to any conclusion of the wallet belonging to specific person or an entity.

Here we go again.

When large transfers becomes a news.

There is nothing left anymore for such transfers. We'll always see to it that when a whale moves fund, they'll be in the news as if there's an expectation of a market dump. That's probabaly what you're thinking together with the news maker.

It can be just one whale moving bitcoins from one pocket to another, impossible to tell why, maybe for safety reasons.

This is the kind of news we read every week about. Recently, some of the slik road related wallet was transferring a huge amount of bitcoin too. As far as I know, these huge amount of bitcoin are usually belong to some exchanges  when they transfer money or sometimes these bitcoins are related to some darkweb website drug store such as Slik Road, DPR,etc... , but generally we can't be sure about the identify of the ow of wallet.

As long as that moved bitcoin is no impact on the market, we don't have to curious because we are not sure what and who is that whales. They can easily move the market, but they can not moves all of the market prices together in one-time because that will need a huge bitcoin amount. We need to focus on what will happen to the market because if we are not ready, we will miss something.

Those moves are used to manipulate the market with news.

With bull market, those moves and news can help price moves up. With bear market, those moves and news can cause price moves down.

With bull market, you think they move coins to take profits. With bear market, you think they move coins to exit from the market and wait for lower price.

you should seriously stop following these crappy sites and groups that keep blowing these transactions out of proportion. they are pretty common and nobody cares about them at all ever. but still these sites use it as clickbait to get some traffic and maybe fool one or two newbies into panic selling so that they could buy their coins cheaper.

Just a common thing and when you are watching the whale alerts and you will see bunch of big txs happened everyday.
I'm not even feeling surprised to see that. The market goes crazy and that makes the bitcoin network being so crowded with the whales or bitcoin traders who eventually moving their funds from one to the another wallet.

dailyhodl didn't have a better information that can be reported. 

Not surprising since this thing really happen and don't be surprise about this also don't be afraid for that if those transferring really happen since if you the price of Bitcoin right now it didn't move so it means that there's no effect from that news even if they use a huge amount for that spreading. So we should do our own research a d always believe on our instinct especially on our investments.

Nice attempt at trying to get clicks on your website, OP. Gotta say, I'm impressed with your attempts at being subtle.

https://i.imgur.com/7IyJ2Um.png

you are right. it could be just to make some news and rise the price. it could literally be anyone.

it seems that these kind of transactions are just to make the atmosphere hot.

This isnt something new because these kind of big transfers do happen neither if theres a price increase or not.You would really be just amazed on how big amount that they had transferred but only
using up few dollars as fees which is totally the advantage on using up with Bitcoin.

$225 million is nothing compared into that recent 1 Billion transfer https://www.blockchain.com/btc/tx/3f036ff88bb851b57a1e28780dbce35a6457a8b57995c095b55b3b0cf48ba9fd

This isnt something connected to whale but on that amount linked up with Silkroad but there are still come count with big transactions like this.So theres nothing to be surprised on.

wow, that is the amount of money that can be manipulated Bitcoin easily.  I think it will be a huge sell wall at the price of 20k $.  it seems that they have already predicted the future market and they are planning the most perfect manipulation. During this period I advise you not to trade on margin, we will most likely be swallowed by whales, curb your greed bro.

I was busy for like 5 minutes reading the replies and found this *facepalm* moving bitcoins has been very natural to the market, it will be just big when someone sold a huge amount of it, then we have it people who wants a massive traffic on their website, pretty clever I can say. But I must say, it's good actually giving people stuff to speculate with, but then the bad is with the approach in letting people know with hidden intention lol.

Bigger transactions have happened in the past few days and this is very less than 1billion dollars that was moved some days ago too.
What I'd say is that these whale are waiting for the perfect moment to build their wall of manipulation.


Well, since wallets doesn't carry name tag on them, I'd say they are whales. ;D
Or group of investors

Whales really are the manipulator of Bitcoin price and they can even manipulate the price instantly but they have to sacrifice something because manipulation of price is not a joke. If they want to make the price higher then they have to sell their Bitcoin while it is still low and when they want to make the price lower then they have to buy a lot of bitcoin. Whales are not the only manipulator because a bunch of shrimp that is doing the same thing ok Bitcoin can also manipulate the bitcoin.

Lol people even moved billions of dollars with small fee, about $15, and people were talking about it on this forum the other time. This one is less compared to that. But it seems whales have been up to something recently, they keep on moving money all the time. The price has surpassed the $15,800 price, now it’s $16,200 and I am hoping that it keeps going from there.

I have just being seeing some kind of positive news with Bitcoin lately, and the price will for sure keep moving. Even from the comment section I have already noticed that there is someone else that moved more than $1 billion.

Can we assume that they sell this amount of bitcoin which is worth $225 million base on your statement. There is nothing we can do if the owner of that
bitcoin decided to sell their assets as the bitcoin price is very tempting knowing that it is almost $16k already.

If the owner of that bitcoin is already contented with the bitcoin price and decided to sell it then let's just hope that it will not affect
that much to the market as I see that there is no setback of bitcoin price as of this moment. What I am expecting is the bitcoin will go down
to $13k before hitting $15K price but the investors continue to push forward the bitcoin price which is pretty amazing.

This is not new in this crypto market we are experiencing this from long time and don't be surprised this is how big whales change the game to take advantage.

Big whales are definitely upto something they have the capability to dump as well as to pump sometimes a life saviour and sometimes game changer, while it's difficult to predict the market movements BTC whales have shown historically that they often determine the BTC trend.

Right, I think they moved because they saw a positive trend. I'm sure they expect many benefits from the move. But sometimes it can also have a negative impact on price movements because the owner of the wallet is anonymous

Provably that is the scenario happening and there's nothing to get panic for that movement since there's no certain action has been made just to create a dump maybe they just want to create some confusion but seriously we shouldn't but that news since if we will get affected for just a movement provably we will miss the good trend happening right now.

Obviously, some people think that things like this can go under the radar, but they don't know that they are doing themselves more harm than good by using this way of promotion.

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Even if it is a beginner to whom $200 million seems like big money, in a market worth almost $300 billion it is a drop in the ocean that has almost no effect on the price. For comparison Grayscale (https://bitcointalk.org/index.php?topic=5256529.msg55597607#msg55597607) bought BTC worth $240 million, no effect on the market at least for now.

And the price keeps going up. So it shows that even whales can't manipulate the market. No one can. Unless, those whales will talk to each other and agree to what will happen. But not gonna happen as I don't think it is in their best interest to control the market. And on the note about the OP's subtle way of introducing his site. I don't think he's going to succeed as the link is not clickable, you need to copy and paste in order to check the site, in which, not many people will do.

Big sell-off maybe?  But I guess even if this whale decides to sell all of his coin, it will only cause a slight impact. We have seen this kind of news very often. And right now, the momentum is significantly strong and it is hard to stop this big train. Therefore, he can choose either holding or selling without harming the market.

Usually the "impact" of these type of things are not direct but more about the news itself.

This one doesn't have anything substantion to change the market obviously but let's say there is a guy who wants to buy 1 billion dollars worth of bitcoin and he says this before he buys or during the buying period, there would be a lot bigger impact on bitcoin price than that 1 billion dollars just because there would be a lot more money directly bought and sold on the market compared to OTC that guy will use, the market will react to him buying that much bitcoin and they will buy too and THAT changes the price.

Here that didn't happen but the idea would be someone moving 225 million dollar worth bitcoin and people would react to this move and THAT reaction would change the price, which didn't happen.