https://blockchair.com/bitcoin/address/35hK24tcLEWcgNA4JxpvbkNkoAcDGqQPsPThis address has currently the most bitcoins of all other addresses. If this is one person then he has $1,8B worth. But what could happen if he sold all of his bitcoins? He surely wouldn't get 1,8B. I believe that from the first 10.000
BTC he would sell the marketing would start to fall...
Thoughts?
Only a complete fool would attempt to liquidate $1.8 billion worth of Bitcoin in a single order. However, since this guy has managed to rack up almost two billion dollars, we can be pretty sure he's not a fool.
Therefore, if he slowly liquidated his holding, he would likely get close to current market value, so long as he unloads over the course of around a month.
Although tens of billions of dollars in BTC are traded each day, the market is not robust enough to take a $2 billion hit in a short time frame.
Reastically, this address is likely a multi-sig wallet held by an institution, so a dump is highly unlikely unless shit really hits the fan.