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Author Topic: What happens when the big Bitcoin whales stops buying?  (Read 144 times)
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May 28, 2024, 08:51:36 PM
 #21

The market will remain in balance even if the whales dump their bitcoins and never buy again, but it is unlikely that the whales will stop buying because the profits here they feel are so large so the whales and other institutions will remain involved in bitcoin in any case.

There is also a lot of retailer demand and maybe we are underestimating it and focusing too much on the whales who have some bitcoin, but for me the market will not die.
People will continue to buy bitcoin and this demand is growing.

R


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May 28, 2024, 09:06:39 PM
 #22

The market will remain in balance even if the whales dump their bitcoins and never buy again, but it is unlikely that the whales will stop buying because the profits here they feel are so large so the whales and other institutions will remain involved in bitcoin in any case.

There is also a lot of retailer demand and maybe we are underestimating it and focusing too much on the whales who have some bitcoin, but for me the market will not die.
People will continue to buy bitcoin and this demand is growing.
I don't know exactly how many wallets have been classified as whales so far. There are many wallets containing hundreds to thousands of bitcoins and worth millions of dollars, of course the market will not be balanced if everyone sells them. High selling pressure will cause prices to fall drastically, but institutional investors will step in by buying more.

There will always be demand and supply regardless of whether whales want to sell their bitcoin or not. They will buy and take advantage of price volatility to make a profit, and they are even quite capable of doubling their profits because of their good financial strength. The more capital you have, the more likely you are to make a lot of profit in the market as long as you know how it works.

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May 28, 2024, 09:38:01 PM
 #23

The bitcoin is not made up of whales only, the small money buyers also plays a significant impact to the price of bitcoin. Moreover the price of bitcoin is mainly determined by demand and supply, there can only be sellers when there are people ready to buy and vis-a-vis, every sell by whales am sure will be bought by another, still existing as bitcoin, inmay be right if I should say that not some of the whales of yesterday are still in the market today but bitcoin has dump. The truth is, the continuous existence and survival of bitcoin doesn't depends on the whales as they are but a little number compared to the other numbers of investors in the market.
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May 28, 2024, 09:47:17 PM
 #24

Buys and sells of bitcoin plays a great role in ascertaining how bullish or how bearish Bitcoin is and when the big whales buys Bitcoin, it lends an assured sense of legitimacy to Bitcoin, provides liquidity to the market and  goes a long way to improve the overall market sentiment which will go on to influence bitcoins price positively.

The question is, what happens when they stop buying?  It's possible these big whales might at some point reach there limits or for some reasons they might stop buying and just decide to keep holding or maybe sell there bitcoin at the point. what's going to be the fate of Bitcoin in that instance?
Come in mind that whales arent the ones who do make this market move,Retail or small traders too on which we know that coins arent that circulating in a few wallets on which you would really be able to tell that they are the ones who do make those movements on which this isnt really the right idea or something that you shouldnt really be thinking off. If they would be starting not to buy coins then the market wont really be stopping there. There would really be still that movement and there would really be still that volume. Although the cons if whales wont really be that present then we wont really seeing that huge
jump not unless if there would really be that huge buys then it would be making out such impact but if there's none then market will not really be that volatile that much.

Why would really be that worrying yourself on such condition which its really that impossible to happen.
There would really be those silent millionaires or billionaires and there are those institutions on which they are really the ones who do make those big buys but at the same time
they could really be able to cause that huge red candle in the chart on which it does have its cons too but well thats how market works on which it is really that free to
anyone who would really be tending to make out such engagement.

R


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