Bitcoin Forum

https://www.cryptoglobe.com/latest/2018/09/diar-research-less-than-1-of-crypto-wallets-hold-87-of-all-bitcoins/

It's kind of concerning that so few people hold so much bitcoin.

Are these holders even active or what? I'm guessing they bought at the beginning and are all just holding.

Well, if they decided to sell it all right now... this minute... I think there would be enough buyers to take up the slack ;)

Hope you are aware that the article is published in 2018, majority of the early miners will be holding a huge amount of BTCitcoin and in recent years there are many institutional investors investing heavily in BTCitcoin and if they decide to sell off the coins in huge amount then it might affect the price if there are not many buyers and with institutional investors they might even purchase all the coins.

Simple. Bitcoin's price will temporarily drop. The same way how Amazon/Apple/Tesla/Microsoft or whatever other public company's stock price would also drop if it's major holders will sell. What's your point? It's how markets work.

Others would buy it.

The negative side: price would fall temporarily; the positive side? There are many! For me, two of them are very important:
 - The high % of BTC concentrated in the small % of the larger holders would decrease significantly;
 - I would get to purchase BTC cheaper

They will probably not decide to sell it right now. Since they've accumulated so many BTC, they'd likely just hurt themselves by doing so because they know that once they sell everything, they'll either miss the next train or join it with way less coins.

If I owned 1 BTC before that, I will still have 1 BTC after that.

Isn't it quite simple ? There are only two possibilities here

If these people with huge amount of bitcoins decide to sell altogether the price will start declining but if there are buyers who keep buying at that price then the bitcoin price will not much.
The price fluctuation might be heavy but it will remain more or less the same. But the chances of that happening is very low because people will panic and start selling more.
This will result in a big red candle indicating a huge sell off. It will be a very good opportunity for people like us to buy  ;D

See the Whales and the big Holders have 50% of the market and I do think this number would change much because Elon Musk just made a big investment and other firms are thinking of investing too and that too in millions therefore I do think that these holders if decided to sell these Bitcoins the price would fall by 50% and that would happen extremely fast and after that the people would see the opportunity to buy the Bitcoins at such a low price and it would even make the big firms more interested in buying them and we would recover as fast as the price fell.

So I think if this happened then it would be inevitable to see marker value go down but at the same time it would recover so don't be worried that much plus the profits from Bitcoins did make these companies a huge success in 2021. ( So they are not going to sell as fast)

Many holders were selling last 2018, some of them may have bought back at $3000 or maybe $10K. And it's likely the case when major holders also sell this time, they will also buy back after it but the price also will do the same as it always does. When the price is dumped it's also going to dive down. It would only mean the supply is raining.

maybe for individuals holding a lot of bitcoin it is very difficult, but in 2021, large amounts of bitcoin holders will only be held by companies, and some institutions that currently see bitcoin as an asset to save from the inflation of the dollar. As a result, if the final sale is spent, it will indirectly fall into the hands of entrepreneurs who are ready to take at high prices.

Keep in mind, when massive sales happen then Bitcoin prices drop automatically if there are not enough buyers to buy it. It's a pretty simple calculation on the crypto industry. If all the big holders attempt to sell their Bitcoin at a time and there are not enough buyers then Bitcoin price would fall for a certain period. But if we can imagine that then we should Imagine there would buyers as well. Because many institutional buyers would attempt to buy it which would lead to a stable price.

1. They'd never sell all at once. This would require some unseen before coordination. Would it be possible for all people in your town to decide they don't want their cars anymore and stop driving or that they don't want to eat meat anymore and become vegetarian? It just doesn't happen.

2. If they all decided to sell at once the exchanges wouldn't be able to handle it because they don't have that liquidity. We'd go to double digits in a day on most exchanges.

definition of hodl:

https://cdn.coil.com/cdn-cgi/image/format=auto,fit=scale-down,w=1920/images/45zgXkYsQjKoxjkauz1oKg.jpg

people who make Hodl have good financial conditions or are able to have money to invest without hurting them in the long run, they will not sell until one day the price reaches more than $100,000. because for them it’s money they don’t need for the time being so the price will drop or not doesn’t affect them psychologically. in case one day they sell, I think it would be impossible for all Hodl to sell at the same time. Is you can't forget that whenever the price drops more people are buying, Is an endless cycle

I think your example is too imaginary. So, what would happen if Bezos decide to sell all his Amazon shares or Zuckerberg all his Facebook shares etc?

Wealthy people like them don't shoot themselves in the foot. When big holders want to sell big chunks of their holdings they do it slowly precisely not to cause panick and no to draw down the price too much.

This article is old so I thought it would be a few years apart but it doesn't matter I have my own opinion.

If the main holder sells all the bitcoins someone will take over and some groups will take advantage of this kind of situation, but who knows the main character in this bitcoin?

All behind this story nobody knows I think we will stay focused on the current price not easy on speculation about how the dump happened, I think positively this will not happen by any group that will throw bitcoins away.

Most of these major holders were/are actually exchanges. It's not their own coins. And a large number of whales have entered the market in the form of institutional investors. They are more predictable and follow a predefined rule for buying and selling than individual whales making the impact of individual or a group of individual's effort of manipulation of price worthless.

Or it would be the start of sell-off that lead the Bitcoin price to crash hard.  People tend to be shaken if the price of their holdings has a sudden crash.  It is man's nature to worry and act rashly in order to lessen his possible losses.  And if every major holder decided to sell their BTC all at once, I don't think there will be enough buyers to maintain the current price, since there is a very high possibility of weak hands following the sell-off which makes the selling pressure stronger.

That's easy, it will make the market price of bitcoin drop when whales, companies, etc. sell their bitcoins in the market, especially if it is a big volume of bitcoin.

Obviously, it could end up in market manipulations, when you get in bitcoin early or invest in bitcoin when the price is just too low at some point when the market price is pumping to the moon somehow they need to make a profit in it and sell some of that bitcoins.

When the price is too high it just so risky to hold because the market price could be overpriced and it's risky when a lot of companies is holding price could easily drop when one whale sell potential others could sell as well.

Haha, that's only the optimistic view right  :D

For real, if that was to happen then for sure that will put the market under an incredible amount of selling pressure. So it might just lead to a downtrend, and not trying to exaggerate but it could even cause the end of the bullrun  :(

if all Bitcoin holders decide to sell, of course, the Bitcoin price will go down...
Bitcoin price is influenced by market demand, Bitcoin would not be priced at $ 50k without high market demand for Bitcoin. You see that from day to day Bitcoin buyers continue to grow, Holders will not sell.

Yes, the end of this bullrun, but another one would start again later.
Actually it would be great if the whales put all their btcs for sale. It would be an opportunity for new investors to adopt bitcoin for a cheap price and to split coins among more hands. But these whales aren't crazy to do this risking all the potential they have in hands. Bitcoin is already being considered a rare asset which will become very disputed futurely, those thinking about selling btc now will most probably regret later.

True. Why people are really so scared for that sell out scenario? Why we cant just see this as an opportunity instead to get some more cheaper coins.
Correction or sell off point is inevitable and instead on seeing thing as an unfortunate event then its better to see this as a chance to accumulate more.
We know that bitcoin could crash but in high probability that it can really recover in no time. If those big holders will decide to sell then it does have
some positive things where coins would be eventually be diverted out in multiple hands and accumulation on few holders will be gradually be partitioned.

The market will crash, but the entire volume gets accumulated with few people. This will cause further price manipulation easier, and these people will further decide how the market needs to move. The demand for Bitcoin is always high, recently MicroStrategy or one of the company acquired everything thats been mined for specific time period. Nothing to worry, someone will buy. Anyhow such scenario won't happen with bitcoin.

A major crash will happen of course, panic will ensue, people will post suicide notes on bitcoin subreddit, among other things. That's why I am a bit against the current state of bitcoin where whales take over the market instead of the collective small-tume investors, because with a single press of a button 10+ years of journey and trust buildup will be put to waste.

Of course the market will crash, if large quantities of Bitcoin are sold. But I am sure the market will recover as soon as before if that happens.
Since there will be lots of people who want to buy Bitcoin, I also really hope that Bitcoin price will fall now. In order to be able to buy Bitcoin
at a cheap price, that's how the Bitcoin market works.  But if you look at today many large investors continue to collect Bitcoin, it won't happen
any time soon.

Only if there's a lot of people are buying if those major holders decided to sell at this moment, of course there's a sudden drop of price temporarily.
Why are you so afraid if they (whales) decide to sell/dump their tons of coins? Remember, count it as a blessing in disguise because the price will suddenly plummet then you will be able to buy off some for a good price that you are expecting to have in the first place when Bitcoin suddenly rose to what price we have now.

I think there's enough buyer who can accommodate all of their coins if they suddenly dump it all or maybe not?

Maybe they are active but not willing to sell the coin right now, I am sure that they have their own target to sell the Bitcoin and I am not sure if they want to sell it all at one time. But if they want, and happen, of course, it will influence the market. it relates to demand and supply. I will make the supply high enough at that same time. If there is also high demand, the price drop may recovery very soon. But if not, the price will likely go to drop again adn again until the demand and supply at least balanced. that is why it may be not too good if they will sell it all at one time except they want to make something shocked and having a certain purpose. 

Bitcoin are so volatile and unstable. The reason why they bought many and decided not to sell is that they believe that in the future it will have a better and best price that they can sell it. Actually if a major holders would decide to sell it I think it will affect the market whole because in a simple word of major, it says that most of supply coin is will be available in the market. Imagine if the ask price is so low, many people will definitely buy it and I think the market price is definitely at the bottom and will fluctuate time by time.

This is a real concern as it could lead towards the concentration of power on the Blockchain. Most people don't care about this, as they're focused in making money within the shortest time possible. Those who care about Bitcoin's decentralization will find the current situation quite concerning. Imagine if big companies control most of Bitcoin's supply? They'll be able to dictate Bitcoin's price on the market, among many other things. This would create an unequal system where only the rich will be able to control Bitcoin's future direction.

If major holders of Bitcoin decide to sell it all, prices will crash drastically on the market. There will be a recovery, albeit at a slow rate than ever before. To my knowledge, Satoshi Nakamoto is the biggest holder of Bitcoin. If he/she/they ever decide(s) to sell all of his/her/their Bitcoin, then prices will fall faster than you could ever imagine. At least, we don't have to worry about massive sell pressure on the market if Bitcoin continues to work as intended. There will always exist buyers who're willing to accumulate and "hodl" Bitcoin for the long term. What I don't like is that companies and other entities are accumulating a large sum of Bitcoin, bringing the problem of power concentration among a few people. But there's nothing we can do about this, as Bitcoin is "free" and open for anyone to do with it as they desire. Just my opinion :)

Well you can't sell something unless there is a buyer, so I guess you mean what would happen if they offered to sell. Then you have to consider the offer price. They would try to get as much as possible.Bear in mind that most of the large players don't trade on the exchanged, but do their deals privately. This means that mass selling is unlikely to be the problem. A greater problem is the increase in hodling, and this may lead to an increase in volatility.

Honestly I will not be worried if the whales dump their holdings at the same time because there are a lot buyers just waiting for the dump. Its their only chance to jump in at very cheap prices, the price might tank but not for long. It wouldn’t make since if they dump their holdings these times now that Bitcoin is already on meanstream, I think most of them will hodl for years or sell just some of it.

Pretty sure they're active, but that's the point of hodling. You're taking opportunity to hold even more then hodl even longer till the whole supply gets swept.
If major hodlers decided to sell? Well from supply and demand law, it surely gonna pull down the price but hey an opportunity for those looking for lower price to buy. :)

I think the risk is they could manipulate the market if they are holding a big chunk of bitcoin. I don't think they are going to buy bitcoin just to easily dump it in the market these companies are planning to hold this bitcoin for a long term investment in their company and even planning to accept bitcoin in their own bitcoin meaning they are planning to buy more bitcoin and put it in the company. Holding a big chunk of bitcoin would make the market price of bitcoin rise and skyrocket even up to a million-dollar making it a big profit in the companies. And then sell it when the price is so high.

If the majority of the holders decide to sell all of their bitcoins at once, then the price will crash. Hence, this will enable more buyers to enter the market. There are lots of people who are willing to buy at cheap. They will all rush in, trust me.
So this means we will see a short term crash on the price which will eventually recover and cause a huge big bull. We might all so see more stability in the market. As the number of coins spread between different people (and no single or group of person hold large amount of coins), we will see that price manipulation no longer takes place. In other words, a healthier market will be created.

The sudden swelling of Bitcoin will always give a certain influence on the price of Bitcoin. It acts the same when there is a buy order in a high amount of BTC at the same time, it will make the price increase. So does this condition. Of they sell the coins all in at the same time with the certain same rate of Bitcoin, core it will give infleucne.

Obviously, the price would drop, providing the opportunity for the smarter ones to buy BTC during the price drop (in case they all sell it over a short period of time, of course).
That would actually be good in some sense because there would be less possibility of market control by the major holders.
However, I don't think the info behind the link you provided in the OP is true. Besides, it's a little out of date, many things have changed since then.

The tanking might not take long or might take long, we don't know yet but we know that when that happens, buying more bitcoin will be the best course of action, imagine all the whales dumping their bitcoin back into supply and the waves will not destroy us because we know that this will happen. This is like Christmas for everyone that has been waiting to buy bitcoin for such a low price. This is all just a hypothetical situation and I think that it doesn't make sense but we have to ride along with it.

few ? no i dont think so . we cant reach this point if there are only less major investors investing in btc but the price of 60000 is a proof that we are now being invaded by major investors and there must be more to come .

your guess was right . they wont become a major investor if they dont invest like a pro but many big btc owners became inactive on the past and permanently lost all their coins because they never believe that btc will be this high

I think you should start to worry right now when you look at the market cap, the numbers are terrible and the value of bitcoin is similar, the price of bitcoin is going up very fast and to be honest, if a large number of holders dumped, we will not be able to cut loss or close in time and I cannot imagine the amount of money that can be lost with each individual. So, in recent days, I have been taking profits as soon as possible, avoiding whale's improvisation, this dumping can be a new history page, I don't have the courage to jump in when the situation is unknown

Imagine if Elon musk Tesla bailed out from bitcoin, I'm sure that there are many traders who will be liquidated in their positions because of a price drop, and one of the worst possible scenarios that can also happen after that is big investors joining tesla in bailing out. If this happened a stop-loss can save many traders in this kind of situation and it is important for traders to learn how to use it and to use it on every trades, I'm sure that new traders aren't using it and relying only on manual closing of positions which could put you in trouble if a big correction happened.

If we look at Bitcoin's extraordinary performance, it is impossible for Bitcoin holders to sell all the Bitcoin they own. But if it happens that many holders
sell all the Bitcoin they have, the Bitcoin price will fall. Hopefully this will not happen, because until now I am still optimistic that the bullish trend will
last until the end of the year. Moreover, Tesla has invested quite a bit in Bitcoin, so I'm sure this will be a trigger for other big companies to invest
in Bitcoin as well. So the Bitcoin price will continue to be bullish.

The article had been up for so long until it was still in action. It is impossible to know where this bitcoin fund has flowed, or it is possible that this holder has hibernated in covid.
 If we were to assume they were selling these bitcoins, I would expect millions of people on the scale to buy them. Bitcoin value has surpassed the best psychological threshold for this period.

Simple. Price will drop.

What do you expect more from it?? Law of supply and demand :). If they will sell then the price will drop. It always work like that whether it is a crypto market or stock market or any market. I know for sure though that there will be some investors who will catch it from the bottom and will buy some at the bottom. I want this to happen though in order for me and other to accumulate more and hold.

We couldn't know if they are just holding or they are part of those who lost their wallet and stuck their Bitcoin forever.
But if they all decide to sell it all the price of Bitcoin would surely crash we have seen how it is when there are big whales or even FUD starts people would panic and join in to sell their holdings.
The question would be how much would it be after they sold it all.

I think some of them could have lost their wallets. and where does bitcoin lose its owner? Will it disappear for good? hmm, if they bought a long time ago, I think they've sold it or have they lost their wallet? because very few of them show off the wealth from investing in bitcoin.

On what is now the 400 year (approximately) anniversary of the Tulip Mania in what was called the Dutch Republic at the time; it is interesting to speculate what historians will say about the Bitcoin Bubble (gotta get a better name than that) in another 400 years.  Maybe something like .....
Four hundred years ago a very interesting, first of its kind, financial bubble was building , with most countries participating to at least some degree.  What made it unique was that unlike previous financial bubbles , of which there were countless many over the many years that capitalism held sway, was that all previous ones were bubbles in the value of something.  Be it tulips, not the first bubble by any means but maybe the most famous, or stock prices like in 1929 America, the South Sea Bubble of 1720 in London, the great Tech Bubble of 1999  mostly in America again, and the Housing Bubble of 2008 focused in America but also  many other countries. The bubble of the early 2020's was a bubble of nothing.  This nothing was called a 'coin' but had none of the characteristics of money; to all intents and purposes had no utility, was expensive and slow to trade as well as requiring a great deal of electricity ;  and the world became delighted with it.  Similar , no doubt, to the great love the Dutch had for tulips for a time; but this love was for nothing that existed.  It was a pure love, a love for an artificial construct, a something that didn't exist so could represent anything you wanted it to.  
Now the proponents of this coin argued that it would replace the money that was used at that time, with the dominant currency being the American dollar at that time, but the only value the coin had was the value it held in those dollars.  On it's own it was literally nothing. No country backed up the value, there weren't tons of gold held in vaults as back up value, there was nothing.  The only thing the coin had was price, given to it by the dominate currency.   I guess one coin could buy another coin, but that was about it. It is true that a few gangsters and tax evaders used the coin to transfer dollars, and were willing to suffer the great cost of doing that for anonymity, but it made no sense for anyone else. When the financial firms of the day started letting you trade what was called paper coins , which made trading possible for the masses, the price of the 'coins' sky rocketed.   Stuff had always been traded as paper, even tulips , but now people were paper trading basically a number.    That made it unique because its intrinsic value was zero unlike other bubble things like gold for example which has always had some value for its utility, appearance etc.  ; even tulips and especially as they were originally very new and exciting flowers in Dutch Republic at the start of the Mania.  And of course housing, and stocks do have some underlying value.  In essence people were paper trading something that didn't even have paper value.  
Originally this was called the 'Bitcoin Bubble" but then a guy on an obscure forum in 2021 came up with the name 'Bitcoin Craze' , and then 'Coin Craze' , and as those things go , that  name  stuck.  
In the Tulip Mania an interesting thing happened to help drive the mania , and that was a guy in the business of making carriages became an early backer of tulips.  Shortly after he had bought a large number of bags of the newest tulips , he announced that he would start selling his carriages for tulips.  At this time tulips were already very valuable, so a nice carriage could be had for 17 tulips.  Later it turned out that it was all a ruse by the carriage maker.  Seems his carriage making wasn't giving him any profit, and there were some serious questions about quality and safety in his newest factory, combined with the much larger carriage makers deciding to build the same style of carriage he had been making, but better and cheaper; well, the writing was on the wall. A very big distraction was needed.  Tulips, being in a full throated mania, were perfect for that.   And the tulip mania kept his business going a little longer, time for him to extract more money from it personally.
The Bitcoin Craze lasted until October of 2021.  .  As bubbles go , they pick up speed, and that certainly happened with Bitcoin.   Just before the crash one 'coin' had a nominal  , and I am hesitant to say value or worth,  so let's say number of one million , of the dollars that were used at that time.  And with a million of those dollars you could buy a pretty decent house at that time.  With that million dollar number for one coin it made all the coins in existence, (and interesting there was a limit on the number that could be created, creating an artificial scarcity)'worth' a very large twenty trillion dollars.  That was big money at that time.  But as it goes with bubbles or Ponzi's , whatever name you use, eventually there was no more money left to be put into it. People were selling their house to buy 'coins'.  It was rumoured that fathers were selling their daughters, but since that was outlawed most places by then, apparently it wasn't that widespread .  So if it was a bubble it burst, if it was a Ponzi it deflated very rapidly.  That is what always happened in those days to those things when all the money had been sucked into them, and there was no more available.  
But it was also interesting that when the thing dramatically exploded, or just dropped into a heap of nothing, depending on your perspective, the effect wasn't that big.  Many people went from being poor to being fabulously wealthy and then back to poor. again.  Some of those who put their life savings  in didn't fare too well, and there were some suicides reported.  Unlike in the previous housing bubble of 2008, there wasn't all the suffering of people losing their houses, and I suppose there weren't the great heaps of tulips needing to be disposed of like after the Tulip Mania went to it's obvious and inevitable conclusion.   The people who made money were the ones who got out before the top arrived.  Just like in Tulip Mania, where our carriage maker was very prescient at picking the top, and saving his business for awhile longer with the profits from that;  so too with the 'Coin Craze' some did profit from the dreams of the poor for quick riches. 
The effect on the capitalist system which was the system in use at that time was fairly small. The reckoning that that system was soon to have, wouldn't happen until a few years later.  But that's a story for another day.  
Finally there is one more interesting side to explore.  Once the 'coin' was still nothing but no one was willing to give even a plug nickle for a coin , which was a close as you could get to nothing at that time,  the question was where did all the money go?  In lots of bubbles money goes to those who buy early and sell early enough , from those who do the opposite. The amount made equals the amount lost.  But with these 'coins' ,  they all were created from burning large amounts of electricity.  So maybe they weren't nothing, maybe they were electricity.  Once they were 'created' they could be sold for the cash of the day.  One's born everyday, and in those days many many had been born over the years before.  This is where it gets real interesting, it seems no one ever knew who had originated the idea of this coin or designed and implemented it.  But after awhile the idea or rumour started that it was the leader of an obscure country called North Korea.  It became obvious eventually that even though he cultivated a look of a Tinpot Dictator, he was in fact a master strategist. And he had his most brilliant computer scientists and the best social scientists create a believable system. A system that fooled everyone. 
 He had an abiding fear of the dominant military power of the day.  He got that from his father and grandfather who had experienced their country being invaded shortly after what was called the 2nd world war.  In that world war the dominant military power had used weapons of unimaginable destruction.  They didn't use them when they invaded our dear leaders country,  a scant 5 years later,but they didn't have any reason to.  All the towns and cities  were flattened in more normal ways, and 25% of the people killed  mostly by the very conventional shot through the head.  So our leader , with his fear very much intact, and reinforced by the actions of the dominant military power in many more countries that it later invaded; did what any good leader would do: try and find some protection for his country.  And the best way he thought to do that since his country could never come close to rivalling the dominant country militarily, was to get one of those imaginably destructive weapons.  Takes a lot of money to do that.  Initially he sold his 'coins' for a few dollars.  He had people on contract in China and other places where the electricity was cheap and abundant ,to 'make'  'coins'.  But after a few years the price he got was huge.  He had a keen understanding of the kind of people that lived in the dominant country, and their need for quick fixes, easy riches etc.  It isn't known just how much money our dear leader made in this way, but reportedly it was huge.  Enough to build those unimaginably destructive weapons, and build credible ways of dropping them on the dominant military's cities.  And his country was never invaded again.  












   



 

BTC price will drop. The same with all others assets. Thats how market works

If all the major hodlers decide to offload the amount of btc they have, New Hodlers will emerge. If they all sell out same time, it will cause a scare in the market, as people will be forced to wonder the sudden decision to. This scare will cause a dip in the price value of btc and people who habe been waiting for another opportunity to join the btc train, will immediately jump in.

Real worlds, real money. Aren't you concerned about this then?

"According to the latest Fed data, the top 1% of Americans have a combined net worth of $34.2 trillion (or 30.4% of all household wealth in the U.S.), while the bottom 50% of the population holds just $2.1 trillion combined (or 1.9% of all wealth)."  https://www.forbes.com/sites/tommybeer/2020/10/08/top-1-of-us-households-hold-15-times-more-wealth-than-bottom-50-combined/

If some whales decide to sell, we may experience a short price fall but nothing more in the current market conditions.

Some of the whales are active watching the market, but the others are busy counting their profit. I don't think that all of the major holders of bitcoin will sell all of their bitcoin because they want to make a bigger profit than now. They will sell some amount just to increase their fiat money and buy more bitcoin if the price is down. The holders will hold their bitcoin because they are real holders that can do that for a long time, but we don't know about their plan with their bitcoin. But if that happens, the price will drop too deep, and the other people will use that time to buy more bitcoin at a discount, and that can be a big discount happen in the market.

Just 10% of these wallets if they decide to sell it will not be absorbed. It will also depend on the timing as there can be weeks with Bitcoin price not moving and interest fading. It is basically these wallets that will decide the market, pay the media for bearish news and keep pushing the price down for two years, when they begin the sell process. They are not selling now so you are being this much optimistic to think that the market will buy them without any problem in price.

As you may guess if that happened and those holders all wanted to sell at the same time the supply of bitcoin on exchanges will increase and the price will go down as the demand remains static, but that is very unlikely, many of those that are holding so many coins are not interested in selling and instead want to just keep holding, I know it may seem weird but those that are holding their coins since the beginning of bitcoin are probably not interested in selling at all since they believe completely on the future prospects of bitcoin, so there is nothing to worry about on that front.

I think if whale holders sell out their bitcoins this would shake off lots of retail investors as well. And in order for btc to go up again we would need to accumulate a lot of new investors. I think this is the reason why crypto market is very cyclical.

Bitcoin price just finally blasted well above 50K for the first time in history. With the leading cryptocurrency by market cap having no clear resistance above it, it has now entered price discovery mode, and where to next is anyone's guess. I personally think now is the right time to take advantage of the current bull run and make money leveraging trad es rather than just hodlin until the bears take over.

People now are optimistic it's sound ridiculous when they do those major holder's always looking forward to the future since the bitcoin market cup reach it's 1 trillion already if they do and no one can decide it whether they sell nor not as they "looking for the future of bitcoin" As many of those holders saying that "Crypto Currency" is for the people then why to sell them of just to slide the price of market? I don't think so then those who really wants to involve into bitcoin will start rebuying and will stock until the price went up.

Some will Sell and Cry, others will Hodl and Fly. Happens every cycle. This might just be the "Supercycle" Bitcoin is the future ,investing in it now is the wisest thing to do now especially the current rise  Despite all the economic crisis this is the right time to start up an investment

Risk management is a vital element of success for any tradr in any market. No matter the size of the cap!tal you’re trad!ng with or investing in, losses are going to be inevitable, particularly in highly volatile markets like crypt0currency. Learning how to manage risk to minimize losses is vital. Yet, it’s also necessary to master risk management in order to ensure maximum gains.

since bitcoin could get to 56k so quickly then 300k ending of this  year is very possible buy btc  (https://trade.kucoin.com/BTC-USDT)now before regretting it soon

If major holders sell their BTC there will be a new set of whales. Many people are waiting to get the cheapest BTC they could and buy as much as they can at the cheapest price possible. BTC will never go down to zero not unless the government declares it illegal or of internet shutdowns fully.

If they really wake up and see this price point, well.  I think they'll sell them, because of this new ATH price.  The mass seems to be that they are macroscopic mining farms. 
Given this open trend, I think there is enough space and good conditions to buy all of them.  Bitcoin is really provocative in this situation.  Great interest, million dollar assets.

If all of the big whales including the big holders of the bitcoin will immediately sell all of their holdings then probably there will be a a great impact on the market in which it will suddenly dumps but also including the scenario right now that the bitcoin is in the trend and has been hype by many people especially the famous ones then probably there will be an immediately buyer when those big whales and big holders sell their bitcoins.

Do you really think so? What government?

Say a government of Japan decides Bitcoin is illegal, would it according to you mean that it would go to 0? When I first read it I thought that this is what you mean and if it is so then you're being naive.

If you knew hos the Internet is built you'd know that it's impossible to shut it down worldwide, unless you'd cut every wire between every server. Even if you'd manage to destroy connections between continents the Internet would still run with less servers and bitcoin would function with less nodes and less processing power.

There are lot's of people which are holding huge amounts of bitcoin and there are also lot's of big organizations or companies that are holding hug amounts of bitcoin!!! This set of people or organizations are the once called the Wales, they always have control over market they are the once that can pump and dump coins. They have the largest share in bitcoin which they are holding the largest parcentage of bitcoin. If people that are holding large percentage of bitcoin decide to sell off price of bitcoin will definitely crash and if people did not buy back I don't think Bitcoin price will be able to pump again!!! The main reason why bitcoin price is pumping is due to there are lot's of people investing in bitcoin there are lot's of organizations investing in bitcoin and still adopting bitcoin.

For me, major holders won't just easily sell all their holdings in one price. They treat it as their long-term investment and would only sell a percentage at a particular price. Though price would definitely drop if they sell at one price but many buyers will be prepared to buy some of those at lower price. Some rich people could become a new whale if they accumulated many amount at that moment. If those major holders plan to buy again, their investment could not buy the same amount of bitcoin again.

This is the biggest problem Bitcoin have at the moment.

such scenario will not happen, imo. but on the theoretical side of things, of course, it will crash. in reality, it would take a lot of communication before this movement will happen. and i dont think thats an easy job to do.
as the use case of crypto is getting clearer these days, owed to pandemic crisis. i dont think these major holders will decide to sell their stash, now that many people are into crypto, bitcoin in particular.