Bitcoin Forum

Source
https://cryptotale.org/bitcoin-whales-accumulate-71155-btc-in-6-weeks-nearing-all-time-high/

They have accumulated 71555 btc in less than 6 weeks. Is this a sign of coming bull run now ?

Anyone who have been following will understand that now is the best time to buy. So, I am not surprised seeing that many people are taking advantage of the low price of Bitcoin now. Before the end of this year, I don't think we will see the price as low as it is now. Mt.Gox refund is the only one huddle left to overcome before we see all positive news for Bitcoin.

Anyone still doubting will have to rethink because next year is filled with so much positive news for Bitcoin. 

Whales are showing confidence and it translates to good time for crypto most of the times.

Flashback to few months ago, there was a whale sold his Bitcoins which he hold since 2017, it's a sign of bear market? look, is Bitcoin price keep declining since that news? nope. There's no correlation if a whale bought a lot Bitcoins, it has been predicted bull run will happen because of Bitcoin halving, not because of the whales.

https://crypto.news/ancient-bitcoin-whale-sells-all-his-coins-amounting-to-10-6m-profit/

Probably they're just buying because they have the means to. These whales will want to dominate the market ad much as possible and i will not tie their action as a sign of the next bull run. Sheesh, the Bitcoin halving event is like a prophecy that's bound to be fulfilled and just like @Odohu pointed, any investor who believes in the prospects Bitcoin holds will want to take advantage of the low price now. I mean,who would want to miss out on the Bitcoin train?

Some people will be waiting, thinking the price of bitcoin may fall. Even if bitcoin fall to $20000, those kind of people may still be waiting for the price to fall to $15000. It is better to buy now becuase bitcoin is going all-time-high. And bitcoin halving is getting closer everyday. You know what bitcoin halving is and how people are sentimental and buying bitcoin after halving which later lead to skyrocketed price. I do not think this is bull run for now, the price of bitcoin may still fall or not. But with doubts like this, it is good to DCA.

I hope that will be the better news for the bitcoin holders, A long time ago there was a bull run, and everyone is waiting for the bull run to take part in their best trading pairs.

From this news, a way to buy the bitcoin at this stage, because it is very low now. Probably by the end of the year 2024, it will cross $50k again, as it was before. So, that would be a positive sign for the bitcoin, and for a bull run to come. And also many traders are still waiting for bitcoin to go below $18k and then they want to buy it, I don't even think it will go below $20k again, as this is crypto so we can assume everything can happen.

I still don't buy into this whole crypto whale narrative. These are different Bitcoin addresses that may belong to all sorts of entities, right? Maybe it's major companies relocating funds into cold wallets, maybe it's some companies trying to reorganize their finances. Some of them can belong to individuals, sure, but that doesn't mean to me that there's actually any consolidation between major holders, that 'whales' act for similar reasons and have similar intentions. I really think it doesn't mean anything.

No that doesn't indicate anything, they are just buying then hope for the best on their investment and they announce it  to create hype since it will be beneficial to them if more people will look forward on actions they do and they even want to make you feel like bull run is coming so that they can take their position and be the first to sell when there huge movement will happen.

Remember that next year is halving season so I guess on that time we should prepare since we might fall unto manipulators trap if we believe on early manipulation made by them. But if you know how to deal with the risk then its good to ride with the flow they made but we need to follow the updates so that we will not left behind if suddenly they announce that they dump it or manipulate the market.

You must have missed the news from Mt.gox, in their most recent announcement they continued to delay compensation to victims for another year.  this means we will have new announcements from Mt.gox from September 2024, so there will be nothing to fix here.  but I believe that even if they compensated everyone, those bitcoins would not have any serious impact on the market.  because as OP mentioned, many people are quietly buying large amounts of bitcoin during this time so if someone sells cheap bitcoins there will always be buyers regardless of quantity.

the whales may be preparing for the Bitcoin halving. or they really have experience in the previous moment and they want to repeat it again.
Bitcoin price movements may not be too big with this news. In fact, we still see this happening regularly. not an event that quickly created a pump in the market.

what happens if they end up selling fast when Bitcoin makes a pump in a short time? in large quantities maybe it will affect market prices, but it won't take too long for prices to improve.

for those unsure of the maths (using todays numbers, not the articles dates numbers)

[10 - 100)   4,460,738 BTC   
[100 - 1,000) 3,877,099 BTC   
[1,000 - 10,000) 4,696,672 BTC   $131,371,471,600
[10,000 - 100,000) 2,271,469 BTC

totalling up these amounts gets to ~15.3m btc hoarded in "whale addresses"
and they are saying this number is XXk more coins than 6 weeks ago

however this does not mean whales are privately hoarding in their own addresses it also means equally that lots of users of small amounts deposited funds into exchange hotwallets where users are about to sell

so in short the stats are meaningless.. it can equally mean:
whales are privately hoarding away from exchanges to not sell meaning less exchange supply
or users have deposited into exchanges(exchanges are treated as whales too) where users are ready to sell

if the stats showed that many small sub 10btc addresses had more addresses, then it shows many new users buying small amounts are then withdrawing from exchanges, thus diluting exchange supply

however by funds collating and accumilating more into large lumps above 10btc allotments, it "could" be a sign that many exchange deposits are happening ready to sell

the stats are meaningless because they 15.3m coins which they say has risen over 6weeks by xxk coins.. has alot of exchange wallets included, its not really a list of holdings totals of just non-exchange addresses

Possible and whoever started this whole narrative about whales accumulating, sending, receiving, and selling Bitcoin in bulk, they always get to track them without even verifying if they've sold because it's hard to verify it even if it ends up on an exchange wallet. The thing with that is they'll just speculate that those balances are about to be sold. And with these "whales" accumulating or having more Bitcoin, the closest one that we can think of doing it are the none other than but exchanges.

also to note when people deposit BTC into an exchange. it doesnt mean they will sell for fiat to cause a price change of bitcoin price. they may trade it for a altcoin, meaning not touching the btc-usd market order list

This is not the first time that we have heard such news about whales buying huge amount of bitcoin within a short period of time. The address might belong to an institution of an individual, nobody knows. From what I understand, I believe that the person is taking advantage of the market now that the prices is 27k+ to buy as much as he can, so that he can prepare for the next bull run because the halving is in the next 6 months and some days. I believe that this is the best time to buy now that bitcoin is in its consolidation price, and that is why whales are taking advantage of the market to stack up their bags. It might be that the person might not even sell those coins during the next bull run but just might be using bitcoin as a store of value.

Reminder: Bitcoin whales are people with huge amounts of money, they're not people who have magic crystal balls. You people really need to stop over-glorifying whales as if they never get things wrong from time to time and that they have total control over markets.

Actually, the best time to buy was yesterday. Now it's the second best time.

But there is one thing about the news that I don't understand. It talks about "wallets".



I don't know if the people who use these wallets reuse addresses or how they can identify that several addresses belong to the same wallet, because if I receive bitcoins and in each transaction I create a different address they will not be able to know that they are part of the same wallet. Or maybe they mean "addresses" when they talk about wallets, and people reuse them as we do when we receive payments from signature campaigns.

Bitcoin whales can do their games and manipulations but they can succeed or fail because they are Bitcoin whales and are almost nothing in other aspects of society, nation and the globe. Their manipulations will be affected by governments, central banks and many issues from geo-politics, global financial, economic status.

Bitcoin whales even have to fearful that their manipulations will fail but they are long term so if they fail this year, next year, they will sit back, relax and come back with new manipulative strategies. They are well but speculators will have more difficulties to keep their capital safely when their speculation is not like how market actually moves.

Bitcoin whales have many different plans, A, B, C or more but speculators usually only have plan A.

It's possible for Bitcoin to reach below $20,000 this year, so there's nothing wrong if some people are patient enough for Bitcoin's price to drop. But due to Bitcoin's volatility and unexpected price, it would be better to secure and accumulate Bitcoin as soon as possible so you wouldn't miss the upcoming halving. But from OP's post it seems like it's just a normal transaction made by a whale or group so there's no need to fear of missing out. Safest thing to do if you're confuse in this time is to stick with DCA method. Just double check the sources of the information cause sometimes it's fake to cause fomo to people.

I believe there is no time to waste now. Because we are in the best time to invest in Bitcoin. I am investing about 70 percent of my fund in Bitcoin. And the remaining 30 percent invested in other altcoins. I hope my investment will not turn into a loss. If you want to understand the future of Bitcoin, you see two reasons.
1. Bitcoin halving.
2. 2024 - 2025 bull run.
You can invest in Bitcoin for bull run. Then you can profitI think during the bull run, the price will cross the highs. However, investment companies and big investors are already filling their bags, investing heavily. You can invest now if you want.

In my case, I am even thinking about the cycle after that, the one that will start in 2028, as I believe that a couple of cycles are the minimum necessary to amass serious bitcoin wealth. I sold a good part of what I accumulated in the previous cycle during the last bull run, although I kept some of it. Now I am planning to sell a little and accumulate more, although it is a bit difficult to be so patient. I think the fact that more and more bitcoins are being accumulated by the whales indicates that I am not too far off track.

Regardless of the cycle though, I think everyone knows that bitcoin supply is going to dwindle and it's going to be scarce as well. So with the coming bull run, everyone is on the rush to collect and save as much bitcoin as they can in order to get huge profits in the future. But it doesn't mean though that they will have to sell everything in 2024-2025 or stop accumulating during bull cycles. We should continue and then obviously HODL as much as we can. It's going to be a mental game for the rest of us here as we all know that it will take sometime to accumulate specially for average joe like the majority of us.

You should also check the intrinsic value of the cryptocurrency during price drops or bull trends. A dip is a common term used in financial markets to describe the accumulation of wealth during a short term decline in market prices. A bear market is an increase in falling prices and a bull market is when experienced investors buy when prices fall and profit when prices later rise. Buying dips as markets fall can be risky because it's hard to tell when the drop will stop it is better to hold bitcoin long term even if the bull cycle runs it guarantees the biggest win.

Accumulation, in my opinion, can be intimidating as it can be a catalyst for the market to turn bearish. While this accumulation phase may appear smooth, and the market seems unperturbed, the potential for a market crash looms when these savings are sold off in a single instance, depending on the balance volume.

I view this with caution as a potential bearish signal that could strike at any time. The movement of these wallets should also be monitored with the same vigilance as we would other whale wallets.

Looking at your 2028 cycle plan, I think there should be several more investments. But my fund condition is a little weak. Due to all the reasons, I have been able to invest less amount. I want to sell 80% of my invested Bitcoin in the next bull run. And I will collect again with 70% of the profit I get. Yes, it is very difficult to hold on until 2028. But if you want to get something good, you have to do it.

That's true, no one knows if that's going to be dumped into fiat or might just be replaced by an altcoin or by a stablecoin. That's why it's hard to verify if they really sold it there. But if there's any means of doing that as if with these reports, then that should be backed with solid data for them to relay to their audience that these whales are really something else. And with all trackers and stuff that they have monitoring their movements seems no longer exciting anymore. Because every single move that they do even if it's just a normal transfer, they're romanticizing it.

Thanks for sharing this wonderful news because now the market must revolve around this news for a short time. Because if they go for selling then the market will definitely dump otherwise market will go up because this is the biggest accumulation I have ever seen in such a short period. I hope they are planning to hold it for a long time and don't want to sell or dump the market.

As I said all things revolve around these players. Besides that, BTC prices not only depend on them but also in the long run it depend on the adoption and that is already known to those who are familiar with the potential of BTC. This means in the long run BTC is going up and there is no doubt about it but the dumps due to the artificial dumps of high selling pressure by whales are temporary

The amount is so huge that I am so excited and afraid at the same time. I hope they are not planning to do some bad. I always tried my best to remain as active as I could because the more we remain active and aware of such acts the more vastly we can react to the acts of such whales. But if they are planning to hold then it is a good thing and we should be ready for a uptrend.

Yeah,  taking the DCA approach serious at this point is the most smart move in preparation to the upcoming Bitcoin halving, and possible discount price to buy more before 2024 even though there has been noticeable buying appetite in the market with the Bitcoin daily transaction volumes touching all time in many times,  and also a lot of Bitcoin wallet movement from exchange to cold wallet storage.

Many of those who have been in the market analysis for a long will know that this is the best time to buy more Bitcoin,  and to make a balance in your holdings in terms of portfolio diversification between Bitcoin and USDT.

The issue with these charts is that they can still keep rising while bitcoin goes sideways or trades down. I used to study these charts alot and they are maybe good for predicting market tops (even bad at that to be honest) they are difficult to use to predict bottoms or dips.

Same with the Bitfinex LONG and Bitfinex SHORT positions. Usually during a bear market the LONGs are adding , but they keep adding and adding and adding and eventually it'll bottom but if you got in too quick following their signal you would of gotten a horrible entry. Just like the chart above, I don't find these to be good indicators at all.

This is not a sign of a bull market, basically when the bitcoin halving happens right then and there. When a whale buys a lot of bitcoins, and he sells his bitcoins, it can be a sign of a bear market. Also, see after the whale bought so many bitcoins, but the bitcoin market didn't increase or decrease. So no matter how many bitcoins the whale buys, it has nothing to do with the bull market, the bull market in bitcoin will basically happen after the halving.

Plot twist
People are sending coins to exchanges to dump them!  ;D

Now, joking aside this is another one of those useless data articles written by low paid journalism just to write something!
Let's analyze a bit the info:


So walletss holding between 1-10000k coins have gained 71,155 BTC!
Why the  "71,155 $BTC" What the f is a $BTC?

Now, they gained 71 155 to reach 15 200 000 BTC.
Quick math rounding the numbers:
They held 15070000 coins out of 19463000 coins back in August, that's 77% percent before the accumulation period.
Between that day and today, there were 37 000 mined coins, so normally they would have got 30 000 BTC just out of the normal proportional distribution, but they got 40 000 extra, anyhow let's skip that and go for the final data, so they've jumped from 77.42  to 77.94!

Now how is this for a title?


Anyhow if someone would have bothered to look at the chart before writing the article he could have made a far better one, actually addresses holding more than 10 BTC are losing % and those under 1 BTC are gaining, but, whales sound better than tuna grabbing coins.

It's actually this move that could bring some good news as it could mean a flight towards small-sized cold wallets and personal storage, but, that's not so clickbaitish, right?

Hahaha this is often associated with the same thing when the pope bought thousands of bitcoins they said bullrun when selling all of them said bearish, like this with dependence on the pope even though there is no correlation, but still some people see the news as a threshold for thinking bullrun or bearish seeing the movement of the pope.

Even if Saylor bought millions of dollars of bitcoin for his accumulation this is not any bullish sign now except many people expect after the halving and this event is what many are waiting for.

The possibility of a bull run coming is not determined by the Whales and maybe they understand the condition of bitcoin so they try to collect bitcoins before the halving arrives. Some time ago if I'm not mistaken there was a Whale who tried to sell bitcoin, but it did not show a large accumulation point towards the bull run process. Forget whales or anyone else and if you think bitcoin is one of the best investments, then all you need to do is collect it and you can learn how to do it like other people do.

Halving will show the level of investment achievement that we have made to produce maximum profits and if it is late we will not be able to get anything. So focusing on accumulating purchases is much better than thinking about Whales trying to do anything to make bitcoin soar or decrease, our job is just to think about how to collect as many bitcoins as possible to take advantage of before the halving happens.

Bull Run is sure, it will come unexpected which is time to invest or buy more by  accumulating more of Bitcoin, while waiting for next Bull Run and know one actually can tell exactly time Bull run market we start, but hopefully one day it we kick off, so the preparation is now.

Everyone can predict Bitcoin price in the future, whatever it is, $71K, 100k, 1M, etc. But, we don't have to forget if all the prediction in out there is not always true, they predict according to their analysis and calculation, so in that case, their predictions could be wrong, so don't use it as a basis for your decision. If I were you, I would compare it also on my data analysis, I will recalculate again to match the data above with my calculations, If fits and is suitable with the comparison, I will use it as a basis decision. But, again, the bitcoin price is unpredictable, the price is on real economic basic, supply and demand, and because of that, all the predictions could be wrong if there is any economic incident happen in the future.

We should not compare our situation with them. They might be having higher risk appetite or the ability to wait longer.

No one can say for sure whether the past will repeat itself. They are all theories, but the signs are good that bitcoin will do well in the current macro situation. I recommend taking a differentiated approach and not relying mainly on bitcoin, but also investing part of your money in other asset classes.

Not putting all your eggs in one basket is something any investor is aware of and knows, but since we are on a bitcoin forum, it is natural for people to only discuss bitcoin. Although no one can be sure that history will repeat itself, if you look at the demand for bitcoin that is increasing every day, a price increase is inevitable, I am quite confident that it will happen, but when it happens, that's the question. Maybe the halving cannot create a bull season but in the future, the bulls will come.

Whoa, those bitcoin whales are making waves! Accumulating such a massive amount of btc in such a short time is no joke. It could be a strong indication that a bull run is coming soon.

Whales used to be market manipulators earlier. Slowly the market turned more powerful and these days whales have lost control over the market. In the past large volume hodlers just create panic and the same is create fear among the common users. These people on fear tend to sell it and the whales make use as an opportunity. Slowly common users started to understand the reality behind the manipulation and now they aren't reactive. So market doesn't get disturbed by the moves from whales.

These days growth is much connected with the adoption and it's usage as investment, transaction source and through its circulation. The market is very young and it takes time for to stand against the fiat. The limited supply in all means assure of growth, unlike the price accumulation is good for now keeping in mind the halving.

Everything’s a sign of a coming bull run when you’re expecting a bull run. Could it be that it’s the other way around and these people are buying this much bitcoin in a small spam of time so they could prepare and not necessarily cause the bull run to happen?

It could be anything. It could be the sign of the second coming of jesus christ at this point. Thing is we have to be very specific., signs are only signs if they signify something that is to come without any confusion and doubts over it. We’re not even sure if the bull run’s really going to come next year cause we don’t really have much going for us except the halving. Best to silently prepare instead of evangelically proclaiming shit.

Due to the upcoming Bitcoin halving in 2024, investors are seriously taking their position in the market and getting ready for the main event, And I think this suggests the increasing number of purchases of BTC we are experiencing lately. However, this does not ascertain that the bull run has begun, A Bull run comes when the rate of Demand for Bitcoin exceeds the rate of supply for Bitcoin,  thereby triggering what we call a supply shock.

This shouldn't come as a surprise to anyone, we are getting near to halving and everyone is expecting the price to go up, because everyone is expecting that people are buying and not selling, aka accumulating.

This may confuse some people since the price is not going up, but the amount you do it daily doesn't mean much on a trading volume per day, if you end up taking out 10 million dollars worth of it every single day, that wouldn't look like a lot of money but over course of a year it's huge. That is why it is going to be good this period and people are accumulating and it is fine. I get that it is not that common for some people to have something like that but that is just the reality and shouldn't come as a surprise to anyone. I hope that it will continue.

More and more people as well as financial institutions can see and feel that Bitcoin is really brewing something especially in 2024 so as early as possible they already got their wallets filled with Bitcoin. Compared to other assets available, Bitcoin remains to be one of the most attractive in terms of ROI and I am not wondering why even some big banks are also into Bitcoin and even accepting clients for them to also hold BTC in their portfolio. Are we going to experience a real and lucrative bull run next year? Well, am hoping so...that is why today is the best time to accumulate.

  More than an investment, cryptocurrencies are an ongoing technology and socioeconomic experiment. As a result, the blockchain space is booming with new opportunities. With an approximate market cap of $280billion, rest assured that this industry is here to stay. This new industry is constantly evolving, therefore the earlier you get acquainted with it, the higher your chance are if benefitting from its future development. Bitcoin’s future is assured; it’s well beyond the point of no return now… it will become the world’s reserved currency simply out of the fact that it’s always a safe place to put your money when your government (inevitably) acts poor.
  In Cyprus they already demonstrated this when their government stole money out of everyone’s bank account. In Argentina they are currently demonstrating this as their government is drastically inflating their currency. All of the major world governments are extremely in debt right now, all borrowing Hugh amount to pay the interest of previous debts…. We are teetering on the edge of a collapse that cannot be stopped without bitcoin. When major currencies like the yen, U.S dollars and Euro collapse, bitcoin will be there for you to put your wealth into, and there’s is nothing governments can do to stop that. How could it go away then ?

Many of us are expecting for a bull run but no, we don't consider everything as a sign of bull run because there are negative events that are also happening. We can rather expect that the price will dip again for a while.

We all here invest to profit, so I don't think there are people who invest that are not necessarily for the bull run. That Jesus Christ you are saying is funny, lol. There is no way it is possible but maybe I will believe more if you say another world war can happen but I don't wish for that of course. The reason why people are so confident about the upcoming bull run is because of the halving. It's not only about the sign but history tells it all.

To trigger a supply shock we need to create FOMO about bitcoin. Bitcoin ETF's approval is the perfect event for that and recent fake news already gave us a demo of how this supply shock will be. Price jump $30,000 in a matter of minutes. The opposite can also happens as customers of the bitcoin ETF will not buy any real bitcoin but instead will buy shares offered by asset manager so these asset managers can manipulate the market to accumulate bitcoin cheaply.

The whales in this industry really believe in Bitcoin because they know it will bring them huge profits in the future, to be honest. And they didn't make a mistake in believing here either.

Especially in times like this where there will be a halving in just a few months and as the bull season approaches. They saw that this was a good opportunity to actually accumulate Bitcoin instead of buying it when its price has gradually taken off in the crypto market.

It could also mean that they are trying to manipulate the market selling a lot, dump the price, many people will get scared and then they buy again increasing even more their quantity. In my opinion we are going to have another important dump before the bull run will actually start, until now the market has been kind of boring, no real shakes.

It's just a good time for whales to accumulate as much bitcoin as possible before the next bull run.

I'm thinking about that too, the market won't rush to increase prices from here until halving happens or bull season comes. There will be many corrections and another round of dumping to completely eliminate the last weak hands in the market. But the question is whether bitcoin will create a new bottom and lead a series of altcoins to create a new bottom or will bitcoin be dumped in the $20k-23k range? That's what I'm thinking but I'm leaning towards the scenario where we won't have a new bottom and the lowest bottom this bear season is $15k in 2021.

Yes, the way society and the economy work now is changing, and cryptocurrencies are at the center of this huge shift (also AI). You are smart to see the blockchain as more than just a short-term but as a fundamental change in the way technology works. Around the world, governments are playing with fire because they have a lot of debt and their budgets aren't stable. Who gets hurt? People like those in Cyprus and Argentina. Its a theme that keeps coming up, right? When these well-known economic giants fall, Bitcoin stands tall and shines

One could, however, say that Bitcoin's inevitable rise to become a world reserve currency is both good and bad. Yes, Bitcoin is a safe haven from bad government management, but it also comes with its own problems because it is autonomous. Concerns about security, scalability, and acceptance are still there. Also, while the yen, the US dollar, and the Euro are all weak spots, calling for a crash might be too much. The question isnt just how long Bitcoin will last, but also how it fits into a world that has problems with money and strong conservative feelings.

Basically whales are smart in playing the role of playing the market for Dropping the price or being bearish and news on social media to panic everyone to sell their bitcoins, at the time plankton plankton sells in each size and in large quantities everyone sells, that's where the whales gobble it back with much more funds big. We should learn from them why they are so thirsty for more. In general, for everyone, every time we accumulate dca, it will definitely increase every following month. The important thing is that we are confident about this asset. Bitcoin has 4 yearly bearish and bull phases. We shouldn't be too provoked by the news out there, just keep accumulating as much as we can.

We are not them, so we don't know what they think about bitcoin, do they really believe in bitcoin or are they using it to manipulate us? Is Bitcoin a place for them to put their trust in or do they just see it as a game to make money from us. It's hard to know what whales are thinking.


The halving is approaching, whales know that there will be a bull season afterward, and we know it as well as everyone. So who will sell their bitcoins cheap for whales to buy and who will buy the whales' bitcoins when the price reaches the new ATH? Things are not so easy to predict, so be careful and have a clear plan instead of believing what the whales are saying.

Think of it this way. Rich people invest in real estate, they have learned it, spend all of their time on it, trust it, and make it their game to compete with other real estate investors, for what? Money. Whales do the same. Bitcoin is their kind of game on investment, they trust that in Bitcoin, their investment will grow.

There are still people who will sell early even in the bull season. Especially for those who do not have enough knowledge or need their money for some reason. They are most likely the ones who will miss the opportunity to sell at the highest peak of Bitcoin.

According to the On-chain data analysis, we are in the early bull run but according to the sentimental analysis we are still moving in a confused range. 71K Bitcoins is a decent number and if take the timestamp into consideration as well it will reflect that not just a Bullish signal the traffic is already on the Bull rally.

OP it is that you've shared it here, but I think you could have made it more descriptive with some of your own comments, just a random suggestion.

I’m not sure watching a few wallets is enough to say that accumulation is at an all time high and I don’t think the current price supports that statement. I also don’t think it’s necessarily a good thing for Bitcoin that the largest holders are getting larger. I suspect this will lead to a pump down the line though when those big wallets want to start earning back from their investment.

On chain metrics are harder to manipulated but can be used by whales sometimes but I agree with you that it is not enough to conclude what will happen next based on on-chain metrics. Things can happen sooner or later than any prediction or forecast.

I believe the Pareto principle still works even with a decentralized cryptocurrency like Bitcoin but it would be correct if eliminate bitcoins of very early adopters or people who already lost it years ago.

We can not know how many Bitcoin lost and those coins belong to what wallets, addresses and all are estimations.

Pareto principle and Bitcoin owners (https://bitcointalk.org/index.php?topic=5354317.0)
Bitcoin HODL waves (https://www.lookintobitcoin.com/charts/hodl-waves/).

The investors have start their planning invest in Bitcoin before halving time with potential will raise to higher price, have accumulated with bitcoin transaction volume depend on investors way accumulate or reinvesting in bitcoin prepare for close with halving. I don't think issues with Mt.Gox refund are trues because have been rumor more than last several years and this news try to make FUD and investor panic for selling their bitcoin.

Habit investment regarding close with halving, investor know and have experienced when almost close with halving bitcoin will up drastically and right now during on lower price become great opportunity filling their bracket for investing in bitcoin.

30k is a crucial zone for the bitcoin and below that level is an accumulation zone for bitcoin in the long run like 3 to 5 year timestamp. The recent bitcoin spike trap a lot of long position and if this fake news was intentional then those people will try to liquidate those long position which will cause a correction to the market. And to create a panic to the market a straight 25% fall is very realistic to think of.

l think anyone who accumulates bitcoin now especially for the purpose of long-term holding, will make good profit in the end of the bull run. This is probably towards the end of 2025 as has occurred in the previous ones. So, if anyone can, that is not a bad idea, although you have to monitor every step of bitcoin situation very well.

At this point, they don't have to put that into long term holding. Because they're all aware that the halving is coming and it's just going to take a not that long until we see the price of Bitcoin goes on high again. That's why they're accumulating because they know what's about to come and that's a good strategy from them because they've been into this before and they understand the cycles that are about to come.

It's not a bad idea to accumulate. What is terrible is when you know that you should have to but you never did any action because of the fear that's in your heart knowing that it is volatile. That's not a big issue because Bitcoin's volatility has been there for a very long time and it gets more volatile every time it halves and every time it gets more adoption from the regulations. What I just don't like with these stats, they look at these accumulation rates and at the same time the dumping rate that's closely being monitored by some software or profiles in X. It's not giving that positive thought to its followers but only fear thinking that the whales are dumping.

It is a sign of many things. Including:

Growing global awareness and adoption - There is a growing awareness of Bitcoin and people are seeing the rel life effect of holding and not holding bitcoin. They prefer the former.

Halving - People don't want to be on the "wrong" side of history during and after the event. They don't want any bitcoiner to say"I told you so" if they miss it.

It's a flex- If you are a Gen Z or millennial and don't have some bitcoins. You are almost looked at as old school. We know that is the last thing they want to be called.

If I had 100m dollars lying around on a bank account, hit by 5% inflation tax each year, I'd really think of moving at least 10% of that to bitcoin. Eventually more whales will enter the market because, and here's the important part, BITCOIN IS USEFUL.

It's useful to people with heaps of money, to people in countries with high inflation, to nomads, who like to move a lot, to people who want to escape oppression or war, like migrants from Russia, Ukraine, now also Israel and Palestine.

I can see only one way for bitcoin in the long run and that's up and the accumulation is going to continue. It may take another 2 years before we see a new high but eventually we will.

Whales have accumulated other bitcoins as well, thus this shouldn't be the only one. Since the price of bitcoin was at a low price, there ought to be more whale accumulation than this.

All of this activity is meant to alert investors who are familiar with the crypto market to forthcoming events(halving season). In order to avoid running out of time, he or she should board the moving train now before it becomes late

Perfectly right, bitcoin is still at the dip even till now that we are talking, $28,000 is very far from $68,000 all time high, which means we still have along way to go before we get to that, then before another journey begins on a ride to a new all time high after the halving event, there's more expectations on this and people are taking advantage on investing now to hodl against the future because of bull market.

This could be good time to invest for new investors. But the problem with most new investors ia that they invest when the market is at its peak. They are attracted by all the hype and news coming in TV when Bitcoin reaches all time high. And when the market corrects, they leave in loss and also tell bad things about crypto to their family as well.

Whales have nothing to do with the market trend as there's no anyone who can manipulate the market and makes the market bullish or bearish. If the market will seem to be bullish in a year or two, simply because bitcoin halving is happening and not because some big whales decide to buy a lot or sell a lot that becomes the basis of market trend.

And if we have to analyze the market well, we will know that bitcoin is not following any trend because it needs to be both bullish and bearish at a certain point. And i think there's no problem with that as whatever the price condition of bitcoin, people will see both opportunities whether its price becomes bearish or bullish.

Whales won’t be in such title iif they are not big enough to createa ‘wave’ with the market prices of cryptp. If they happened to make an action following a news, FOMO would follow to investors which will definitely create a trend bot not as large as with the actual bullrun. Bullrun and Bearish trends are determine by many factors and that includes events, volume, and demand. Also bitcoin follows a trend; if it doesn’t then its market price should be too volatile in our eyes. Volatility is innevitable simply because demand and supply are the main determinants of a market price and given that it changes often.A trend is just a combination of many things but we cannot put whales aside as contributors to support a demand and market price increase of cryptos.

Most of those accumulations are from investment companies, and also investors who consider bitcoin as a value buy it and store it as value.
Those who missed out on it earlier are now trying to gather all they can and since bitcoin is now being globally accepted, its a good sign that their investment is safe, if they save it for a long time without having issues of it being obsolette. And the total supply isn't enough for everyone to have 1 per person. For now, people can afford to buy as much as they can and keep it as they consider it cheap, if its price hits hundreds of thousands, it will be almost impossible to accumulate it the way they are currently doing.

Undoubtedly, now it's high time to accumulate before the halving pump. Regardless of if the final dump is or isn't going to happen, the price is pretty low atm. You are not going to see such bargain prices in the coming 1-2 years. Whales are whales because they know what they're doing.

It is only natural because the btc halving is near and everybody knows it. If you study the other halvings, you will see that btc price rocketed off afterwards. This halving will not be an exception and therefore people are feont running it. The other reason is the probably the war between Israel and Palestine. Gold is moving up too lately and  we also know that btc and gold move together sometimes. The investors are not blind. They see all these and buying every btc in the market because it makes sense to do so.

This shows that other whale investors are preparing to hold large amounts of bitcoin in the market for the upcoming bitcoin halving next year. Apparently, as long as there is an opportunity to collect them while the price is still low, others are already taking advantage of it because, when its value kicks into the market, it seems that it is difficult to buy because it is expensive.

Let's not be like others, who only buy when Bitcoin rises or becomes expensive in the crypto market. When you're like a passenger left behind by the bus you're driving, it's hard to catch up when that's the situation.

Bitcoin is demonstrating supply and demand. With its capped supply, those in the know are, as you mentioned, scrambling to acquire what they can. Global acceptance? The trend is upward, but is it a bubble?

The claim that long-term investing is safe needs significant consideration. Global acceptability, technical advancement, political landscapes, and economic shifts are all important. Can an asset so unpredictable and exposed to so many external pressures be safe? Accumulators are smart yet risky. Every viewpoint must be properly assessed, especially when so much is at risk.

People had already anticipated such a possible thing to happen and they accumulated some while the price had not yet skyrocketed.
So while many were getting into such thinking, price increase is what we gonna expect and here we are now, the current price is the result of huge demand. Probably not because of war but surging investors while catching the price before it skyrockets. We can expect more price increase as the halving come closer and it continues to rise to the next ATH high.

New investors like that still don't understand how to take advantage of the moment, so they often enter at the wrong moment and also make the mistake of releasing Bitcoin when the price is low. They should see their own mistakes as an experience, instead of telling bad things about crypto to their family and also those around them and for me this kind of thing is quite strange because some new investors really don't realize the mistakes they have made in the way they invest.

This could also be pre-bull run hoarding, as news about Bitcoin ETFs seems to be unsettling the market. It's not wrong for some individuals to view this as an excellent opportunity to avoid missing out.

The downside, however, is if such a substantial accumulation of BTC is undertaken by institutional investors who have the potential to create a massive barrier or even initiate a Bitcoin dump when the market turns bullish. As usual, price manipulation in an asset can indeed occur, and Bitcoin is not exempt from that possibility.

On the rest of the points you've made, I concur.