A bitcoin whale is ready to sell 5000 Bitcoins or already sold.

[Findingnemo]

Let's say already sold but this is not a big deal, thousands of Bitcoins were traded everyday on all across the exchanges and the price can be manipulated only if the trade was made a very low price than market price for very slight movement in the natural market movements.

[dlightag]

This is not the first time to see a big transaction like this, as a bitcoin whale, which if not transfer from one wallet to another wallet the person made, his a fool, because selling off such quantity of bitcoin, soon or later he may re-grate it, if he did not buy back as soon as possible. Therefore, Bitcoin has come to stay in the ecosystem as a means of digital payment and many more in the cryptocurrency industries. 

[pawanjain]

This is another one of those FUD threads.
Here's the previous one: https://bitcointalk.org/index.php?topic=5411713.0

The answer is again:
-You don't know if the coins were sold or just transferred.
-Not many people choose to sell thousands of bitcoin on centralized exchanges especially old bitcoins held for many years.
-Nobody cares!. People buy and sell every single day. If you do this at a 70% discount and yearly lows, you're a fool.

That makes sense. Why would anyone sell their coins at such cheap prices when they know that the ATH is way ahead.
Unless they know something that we don't they won't sell their coins.
There are only two reasons I can think of anybody would sell their coins at such low price.
Either they anticipate a higher sell off or are in urgent need of big money.

[taufik123]

There are still many transactions that are bigger than what you mentioned, even transactions above 5,000 BTC often go out of private Wallet to Wallet exchange. they just want to influence the market with some big deals but some of those deals are not actually sold.

Take a look at the updated transactions on the Telegram Bot Whale Allert, there will be updated transactions available. Don't panic easily with some big deal notifications, they (whales) are just playing with your psychology.

[rhomelmabini]

I'm also not sure what happened, it also seems impossible for one person to deposit 5000 btc in 1 transaction. As far as I can see it probably has something to do with the kraken exchange and it was done by an important person on the platform.

It's not impossible for a user to deposit specially if they have higher limits of an account on the said exchange and 5000 BTC in 1 transaction was just small compare to this 160k+ BTC that has been moved in a single transaction. That's a lot of money though, but if the user want to withdraw it, it will take a lot of time until it max out.

[so98nn]

With the market at its worst I don’t think it’s big deal for someone to make moves here and there. This could be cheap transaction for someone, and someone might be liquidating because they need bucks in real world. It could be that someone has offered bit more dollar per sats as compared to the current market and cracking the deal somewhere in china or outside it. There are endless possibilities for this transaction or any transaction that’s in bulk sell off. I think we should take it easily since it does not matter to market anyways. There could be hundreds or more transactions like these which may be unnoticed.

[_BlackStar]

Bitcoin is traded every second of the 24 hours across multiple platforms so it probably won't make many people worry about a potential drop or price correction. After all we never know if it belongs to the whale or belongs to the exchange, but we only know that there is a transaction being sent from the wallet to the exchange.

I'm not sure the 5000 bitcoin belong to the whale, I suspect it belongs to an exchange although there are always other possibilities behind it. One of them has to be correct, but it's certainly stupid to send 5000 bitcoin in one transaction to a centralized exchange because doing so could cause the market to go into a correction.