Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Franctoshi]

The Richest Bitcoin Whale in Existence Now Has Over $2,763,000,000 in BTC After Massive Series of Transactions

The world’s largest non-exchange Bitcoin whale now holds over $2 billion worth of BTC after a string of massive transactions earlier this month.

According to crypto data platform BitInfoCharts, the whale has added 2,554 Bitcoin in a series of transactions since June 14th.
The richest non-exchange Bitcoin whale currently holds a total of 130,227 BTC or 0.68% of the current supply. It is the world’s third-largest Bitcoin whale after the wallets belonging to Binance and Bitfinex crypto exchanges.

According to crypto analytics firm Santiment, the crypto market downturn has triggered an increase in the number of Bitcoin whales.
https://dailyhodl.com/2022/06/25/the-richest-bitcoin-whale-in-existence-now-has-over-2763000000-in-btc-after-massive-series-of-transactions/amp/

You're busy selling and they are busy buying your BTC.
Follow the activities of the smart money guys.
Be wise the Storm is gonna be over one day.

[ChartBuddy]

Explanation

[Ludmilla_rose1995]

The Richest Bitcoin Whale in Existence Now Has Over $2,763,000,000 in BTC After Massive Series of Transactions

The world’s largest non-exchange Bitcoin whale now holds over $2 billion worth of BTC after a string of massive transactions earlier this month.

According to crypto data platform BitInfoCharts, the whale has added 2,554 Bitcoin in a series of transactions since June 14th.
The richest non-exchange Bitcoin whale currently holds a total of 130,227 BTC or 0.68% of the current supply. It is the world’s third-largest Bitcoin whale after the wallets belonging to Binance and Bitfinex crypto exchanges.

According to crypto analytics firm Santiment, the crypto market downturn has triggered an increase in the number of Bitcoin whales.
https://dailyhodl.com/2022/06/25/the-richest-bitcoin-whale-in-existence-now-has-over-2763000000-in-btc-after-massive-series-of-transactions/amp/

You're busy selling and they are busy buying your BTC.
Follow the activities of the smart money guys.
Be wise the Storm is gonna be over one day.

we have 2 types of BITCOIN investors

loser = sell when bearish

winner = buy when bearish

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[a1 Hashrate LLC2022]

The Richest Bitcoin Whale in Existence Now Has Over $2,763,000,000 in BTC After Massive Series of Transactions

The world’s largest non-exchange Bitcoin whale now holds over $2 billion worth of BTC after a string of massive transactions earlier this month.

According to crypto data platform BitInfoCharts, the whale has added 2,554 Bitcoin in a series of transactions since June 14th.
The richest non-exchange Bitcoin whale currently holds a total of 130,227 BTC or 0.68% of the current supply. It is the world’s third-largest Bitcoin whale after the wallets belonging to Binance and Bitfinex crypto exchanges.

According to crypto analytics firm Santiment, the crypto market downturn has triggered an increase in the number of Bitcoin whales.
https://dailyhodl.com/2022/06/25/the-richest-bitcoin-whale-in-existence-now-has-over-2763000000-in-btc-after-massive-series-of-transactions/amp/

You're busy selling and they are busy buying your BTC.
Follow the activities of the smart money guys.
Be wise the Storm is gonna be over one day.

Or that whale has 50 billion investable wealth and merely adds a little more to btc holdings.

In my town Howell NJ a bunch of investors purchased 26 homes in my development at 650x each about 50k higher than other bidders.

so 26 x 650 = 16.9 million each home has been listed to rent at 4200 a month .

26 x 4200 x 12 = 1,310,400 taxes are 7k each or 26 x 7 = 182000

that is 1,310,400- 182,000 = 1,128,400 income for 16,900,000

that is  6.67% interest on fully owned property.

and in the USA were do you get 6.67% interest and the property could go up to match inflation.

So if you have 100,000,000 why not own a piece of that

and buy 10 btc at 210,000

[Ludmilla_rose1995]

https://twitter.com/LinaSeiche/status/1540692232679743490?cxt=HHwWhICj0Ybb0eEqAAAA

[ChartBuddy]

Explanation

[death_wish]

The Richest Bitcoin Whale in Existence Now Has Over $2,763,000,000 in BTC After Massive Series of Transactions

The world’s largest non-exchange Bitcoin whale now holds over $2 billion worth of BTC after a string of massive transactions earlier this month.

[...] According to crypto data platform BitInfoCharts, [...]
[...] According to crypto analytics firm Santiment, [...]

There is no way to know this for certain.  “News” sources which carry such headlines do not know how Bitcoin works.  Either that, or they have a bridge to sell you:  “Crypto data”, “crypto analytics” (an evil business that should not exist), etc.  The same as for stats from Glassnode, et al. about how many coins are “short-term” versus “long-term” holdings.  They are pulling those numbers out of their arse.

I know that if I had a large amount of BTC, my holding would be split between numerous wallets, in ways that “crypto analytics” (i.e., spying) would be unable to link.  I would want to fly under the radar—not to show up on “rich lists”.  Are all Bitcoin whales are too dumb to do that?

How many whales are ghostwhales?  (To coin a new term here.)  The question cannot be answered.  Ghostwhales are invisible; that is the point.

I also know damn well that when I held coins for years, some of my coins tended to show up in the “short-term holder” category.  For privacy reasons, I sometimes moved my own coins between my own wallets in ways which would look very much like a transfer of ownership.  I don’t mean simple sweep/send, which analytics will see as staying within the same wallet.  I mean intentionally breaking the heuristics used by blockchain spies to assign coins to “wallets”.

Many Bitcoiners who have much larger holdings are concerned about privacy.  Some of them probably have similar practices.  Accordingly, “LTH” must be always undercounted by a proportion which cannot even be guessed.  People who proclaim certain knowledge of “STH” versus “LTH” amounts do not know how Bitcoin works.

(This is a long-time pet peeve of mine—why I tend to ignore people who obsess over STH/LTH stats.  Last week, I saw o_e_l_e_o mention this point in a development thread; I realized I should be more outspoken about it.)

You're busy selling and they are busy buying your BTC.
Follow the activities of the smart money guys.
Be wise the Storm is gonna be over one day.

About a week ago, when Bitcoin was struggling around $18k–$19k, I showed my posts here to the shark who told me to deleverage at $35k.  (Who also freaking told me not to rely on 200 WMA as a bottom—LOL.)  He took a glance through WO, and told me to stop wasting my time hanging out with the weak hands here.  “Why are people so scared?  This is fine.  The price is fine.  The market is fine.  Bitcoin is fine.  Stop worrying.”

Some people will never sell in bear markets.

[ivomm]

Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources
The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.
https://www.coindesk.com/business/2022/06/24/goldman-sachs-raising-funds-to-buy-celsius-assets-sources/

[ChartBuddy]

Explanation

[Hamza2424]

we have 2 types of BITCOIN investors

loser = sell when bearish

winner = buy when bearish

I think i can make it more Appropriate..

Loser = Cash Out profit on the Buying Spot after Market starts recovery
Well a better Start is DCA based on your affordable condition if you are employee and you can Spend 100$ a month or any random amount them start DCA with Monthly basis and if you are good in Bussniess and can afford 10$ or 50$ Random Number you can then make DCA on the daily basis then.



You and Me after 5 Years in same Forum on Same Thread if we lived. Hows ongoing buddy Whats your Worth you Ask to my Assistant 😁😁😁

[LFC_Bitcoin]

Observing $21,023.

Not much to discuss, no meaningful bounce yet. I’m expecting lower lows this year to be honest. After every Winter though, comes Spring. We’ll ride it out, moon in 2025. Enjoy life & stack as much as you can. Don’t get too upset about short term price movements. 1BTC = 1BTC, if you have a time preference longer than 2 years you will be fine.

[CLS63]

Observing $21,023.

Not much to discuss, no meaningful bounce yet. I’m expecting lower lows this year to be honest. After every Winter though, comes Spring. We’ll ride it out, moon in 2025. Enjoy life & stack as much as you can. Don’t get too upset about short term price movements. 1BTC = 1BTC, if you have a time preference longer than 2 years you will be fine.

Frankly, I think that this kind of times are wonderful times for buying Bitcoin and accumulating it. I have already started to buy Bitcoin gradually. I still don't understand why people are in panic now. You must already run the risk of taking some risks if you are investing into cryptocurrencies.

[ChartBuddy]

Explanation

[Khanvila78]

Fighting has continued in various parts of Ukraine. Ukrainian troops are fighting to liberate some cities from Russian occupation, while Russian troops have entered a town to the north.

[Rockstarguy]

Observing $21,023.

Not much to discuss, no meaningful bounce yet. I’m expecting lower lows this year to be honest. After every Winter though, comes Spring. We’ll ride it out, moon in 2025. Enjoy life & stack as much as you can. Don’t get too upset about short term price movements. 1BTC = 1BTC, if you have a time preference longer than 2 years you will be fine.

Frankly, I think that this kind of times are wonderful times for buying Bitcoin and accumulating it. I have already started to buy Bitcoin gradually. I still don't understand why people are in panic now. You must already run the risk of taking some risks if you are investing into cryptocurrencies.

People understand that this is the best time to buy bitcoin but are not ready to be patient with bitcoin,  they are just greedy , only expecting profit from bitcoin at all time, forgetting that bitcoin is volatile and when the price go down low the only option is to have patience to wait when the market add values .

[Khanvila78]

JUST IN: Bitcoin miners have borrowed  $4B against their equipment - Bloomberg 😳

Bitcoin will get to $250K “by late 2022 or early 2023" says Tim Draper.

Source:https://twitter.com/BTC_Archive/status/1540723317790937090

[LFC_Bitcoin]

JUST IN: Bitcoin miners have borrowed  $4B against their equipment - Bloomberg 😳

Bitcoin will get to $250K “by late 2022 or early 2023" says Tim Draper.

Source:https://twitter.com/BTC_Archive/status/1540723317790937090

Late 2025

[JayJuanGee]

The Richest Bitcoin Whale in Existence Now Has Over $2,763,000,000 in BTC After Massive Series of Transactions

The world’s largest non-exchange Bitcoin whale now holds over $2 billion worth of BTC after a string of massive transactions earlier this month.

According to crypto data platform BitInfoCharts, the whale has added 2,554 Bitcoin in a series of transactions since June 14th.
The richest non-exchange Bitcoin whale currently holds a total of 130,227 BTC or 0.68% of the current supply. It is the world’s third-largest Bitcoin whale after the wallets belonging to Binance and Bitfinex crypto exchanges.

According to crypto analytics firm Santiment, the crypto market downturn has triggered an increase in the number of Bitcoin whales.
https://dailyhodl.com/2022/06/25/the-richest-bitcoin-whale-in-existence-now-has-over-2763000000-in-btc-after-massive-series-of-transactions/amp/

You're busy selling and they are busy buying your BTC.
Follow the activities of the smart money guys.
Be wise the Storm is gonna be over one day.

I have a hard time believing that anyone who holds/controls large sums of bitcoin are going to keep it in places that can be identified as being owned by one person or entity (unless they are a public company or a government that has to make those kinds of disclosures).  Private individuals or even private institutions should be disincentivized in being known for controlling large amounts of bitcoin.  So even with something like 130k BTC, there might be some preferences to not keep more than a certain amount in any one place.. maybe with a person or an entity with something like 130k BTC, something less than 10k in any one location?  Sure, there might be some folks who want to keep it all in one location, but that surely seems risky for a variety of reasons...

By the way, I could understand/appreciate that if there is a private trust or some kind of a joint ownership, then there might be some need to create some traceability regarding sources, so the other joint owners know about fairness and accountability.. so maybe i am arguing against myself to consider that there could be some cases in which accountability or tracking of ownership is preferred.  Oh, as I am typing I just considered another case of inheritance, so a private individual or private entity might want to show ownership so that if anything ever happened, then the heirs (or the beneficiaries) will know how much BTC is out there and the various locations to find the BTC.  

Anyhow, I am having some difficulties appreciating very many situations in which there would be incentives to have very large amounts of wealth to be traceable to private entities.  I speculate that many of the BIGGEST of the bitcoiners are going to exercise a sufficient amount of camouflaging of their coins, and sure they might disclose to a few others, but not really allow for situations (like holding al the coins in one place) to be part of their regular or best practices.. so maybe my conclusion is that the 130k BTC may well be of some kind of public or quasi-public entity but the author of the article just does not know and might even be fishing for crowd sourcing.. which we are helping when we speculate in connection with such article..

Edit:  D_W made similar points (with examples) in his earlier post, too.