Is it true that a whale moved 8k BTC?

[efxtrader]

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

Maybe its true but many rumours in market that we dont have to believe. I think bitcoin price drop because SEC delay ETF approval on september and maybe investor selling their bitcoin. But its just rumours in market.
For me, I am better hold bitcoin as long term investment and i am believe bitcoin will reach $25k end this year

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[buternasek]

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

I heard this a few months ago, and a few days after that bitcoin had fallen but not so bad.
does it happen again this time?

[Jembut Ireng]

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

A big deal on bitcoin is a natural thing, a year ago I heard people selling up to 100k btc, he sent 100k btc up to hundreds of times, but instead the bitcoin price strengthened and I'm sure he regrets after a month, with a marketcap that already over $ 120bn is the impossible with 8k btc could cause the price drop.

[carlisle1]

Nothing yet,still bitcoins were hanging at $6000 range for too long so we need to stop pretending that whales were manipulating the prices because really we are the one manipulating it just hold your bitcoins at any cost then only you can see some light into the bitcoin prices.

WHAT?just because bitcoin price hangs $6000 price meaning whales has nothing to do with manipulation?remember that those whales can move the price up if they wanted so stop pretending that you know things here.

I am not accusing them literally about manipulating but we can't take this things might happening

[linesretweetG]

Whales are moving this market from years, and they will continue for the incoming ones too.
If you own some THOUSANDS of BTC, You can do whatever you prefer, you can pump it, you can dump it, and always gain from that

[Kemarit]

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

Maybe its true but many rumours in market that we dont have to believe. I think bitcoin price drop because SEC delay ETF approval on september and maybe investor selling their bitcoin. But its just rumours in market.
For me, I am better hold bitcoin as long term investment and i am believe bitcoin will reach $25k end this year

I firmly believed that the delay of the news has nothing to do with the recent price decline. Well, FOMO enter and the whales took advantage of the situation and obviously cashing out that started on the 31th of July. But if you are a long term holder, you don't have to worry with this sort of manipulation, because sooner or later no amount of manipulation can stop investors pouring cash on the market again, we have witnessed this before. Perhaps this is just a price correlation because the price suddenly spike from the last bottom and then went past $8000 in about a week or so, now traders are simply cashing it out to make profits.

[hannahboy]

Whales are moving this market from years, and they will continue for the incoming ones too.
If you own some THOUSANDS of BTC, You can do whatever you prefer, you can pump it, you can dump it, and always gain from that

Whenever there is a big movement in the market, it is only due to whales. No ordinary person can make such big buying which boost the prices. If we follow the charts of Bitcoin we can see very clearly when the big pump comes and it happen with 15 to 30 mins.

[henlity87]

Whales are moving this market from years, and they will continue for the incoming ones too.
If you own some THOUSANDS of BTC, You can do whatever you prefer, you can pump it, you can dump it, and always gain from that

So there are whales who plans and then pump or dump the price of bitcoin to their benefit.
If we, the Ordinary persons, can predict correctly the whales next move, we can surely get good profit from it.

[Riddikulo]

Whales are moving this market from years, and they will continue for the incoming ones too.
If you own some THOUSANDS of BTC, You can do whatever you prefer, you can pump it, you can dump it, and always gain from that

The whales can do whatever they want. These are the richest people that have concentrated over 90% of Bitcoins in their hands. Yes, their activities always affect the market, and we cannot change this situation.

[marlo1001]

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

8K Bitcoins is not that big man in terms of whales business, so probably it does not affect the price overall. The fact is those guys are having so much more money than we do.

[justspare]

I only heard someone transfering 80,000 bitcoins today, ready to sell, not the behavior of the exchange, it is a personal address, so be careful.

Guys like you who talk like this just for the purpose of trying to increase your post count sucks. Let us even assume what you are saying is for real, what proof do you have it is a personal address and not an exchange address, and what gives you the assurance that this person is ready to dump on the market except for the fact that you feel passing FUD is easier for your post count. At least, next time you want to share something like this, drop the proof if you ever want anyone to take you serious.

Market is Volatile, anything can happened at any given time at the market trading, Movement of 8k of Bitcoin is just a fraction of the volume of trading investment in Bitcoin, this does not affect in any way or what so ever on the price value of Bitcoin, there are a lot of indicators that contribute to the price movement, like, the issue on Scammer, Banned, Hacking, and the never ending issue on Regulation, not to mention the market trends, market structure, over all situation of the market.

Yes, the volatility of the market is what makes it easy for the response of bitcoin movement to cause panic easily with a quick dump which I am not surprised anyway since the news of the MtGox guy went flying around. It all balls down to FUD anyway and there is nothing at this stage we can do about it. The market is bound to have a huge correction and all these ones are just some quick driving factor to see it go lower and faster.

[cryptoalfs76]

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

Actualy we have  no strong evidence to determine thats those big whales are the one manipulating to make the market price moved to $8K thats makes the now going down in addition of stop losses being triggered,because all of this only a speculation coming out into our mind,maybe we can say its true or not,the only things we should hope thats all this chaos in crypto will resolve soon and hoping thats bullish market would happen now,so thats the vision of market price will grow and all crypto coins would pump back its circulation.

[RockBar0]

Whales are moving this market from years, and they will continue for the incoming ones too.
If you own some THOUSANDS of BTC, You can do whatever you prefer, you can pump it, you can dump it, and always gain from that

The whales can do whatever they want. These are the richest people that have concentrated over 90% of Bitcoins in their hands. Yes, their activities always affect the market, and we cannot change this situation.

This is obvious because they have the right to do it. The actions affect the market, most whales do. Then the fry are also eaten. I hope these whales should help something for the society. It is very precious and respectful.

[brukva]

I always felt that the more people sell their coins, the more the price decreases.

[BorisVirla]

Maybe it's just a coincidence, but maybe there is a relationship between withdrawing money and lowering the price.

[Dodongbtc111]

Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

Definitely, the whale movement can be served as the hazard of cryptocurrency market for it to give doubt to investors who are trusting it's capability. This is a serious problem that need a quick remedy.

[VBCryp@]

In the cryptographic market, the price of coins is constantly increasing, so it is not natural that they are all set by an organization, so we are small investors. patiently waiting.

[calya]

In the cryptographic market, the price of coins is constantly increasing, so it is not natural that they are all set by an organization, so we are small investors. patiently waiting.

and maybe today is resurrection cryptomarket.and that news not affected into cryptomarket, even after sec reject etf market still stable.

[Vzae]

I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered. Is that true?

A whale that moves bitcoin from a private wallet to wallet exchange will not affect the price of bitcoin.
But if the issue says that a whale moves its bitcoin by 8K to the exchange, it will cause fud and make everyone panic sell. And that will make the price fall in.

[The Sceptical Chymist]

But if the issue says that a whale moves its bitcoin by 8K to the exchange, it will cause fud and make everyone panic sell. And that will make the price fall in.

Eh, I don't think so.  Yes, it's a big amount of bitcoin but I don't think it was enough for people to lose their minds over--this thread might as well be 10 years old at this point.  I'm not even sure if that amount of btc was dumped on the market all at once if it would be enough to cause a dip, let alone a crash.

I'd be curious to read some updates about this, and whether that bitcoin was sold or not.