Bitcoin Whales have accumulated thousands of coins in last 2 months

[South Park]

Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!

That should tell us something, the whales the ones that stand to lose the most if bitcoin fails are not even selling their coins they are getting even more, if people despite their limited resources tried to imitate the movements of the whales then they could easily make money, this is not the moment to sell our coins this is the moment to hold them and if you can afford them to buy even more since the next bull market will probably be even larger than the last one.

[awawo]

The whales have always been the big players in the cryptocurrency industry and they own huge number of bitcoin mist especially during deep, they usually manipulate the market to they advantage while others will be busy selling they bitcoin the whales will be busy stocking them. So I don't daught it if you see huge number of bitcoin being own by whales.

[Duzter]

Large scale accumulation by the whales in the market has kept the market stagger within limits not showing any good signs of forward growth. Sudden release of huge funds to the market lead to a drastic change in the market capital and the same got reflected over the price of bitcoin. Once again the accumulation has begun, which has made price to be stable without big pumps and dumps.

[Mometaskers]

The more reason to not give in to FUD and panic sell. If these whales are stockpiling bitcoins, it follows that they believe the price will recover.

Actually no, they will see to that and you wouldn't want to be one of their useful idiots. They are just biding time. Maybe they are waiting for the halving on 2020? Who knows? Just stay put.

[LUCKMCFLY]

The more reason to not give in to FUD and panic sell. If these whales are stockpiling bitcoins, it follows that they believe the price will recover.

Actually no, they will see to that and you wouldn't want to be one of their useful idiots. They are just biding time. Maybe they are waiting for the halving on 2020? Who knows? Just stay put.

This is correct, it also has a very deep understanding of the market, those who want bull run to happen, it is very difficult, because due to these latest bitcoin movements, it has left a mark on the volume that operations have made.The best thing to do now is wait, not all the time is good to enter the market.

[Ucy]

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

[Harlot]

This only means that the whales are still alive and taking advantage of the market, the people in the middle of the food chain is giving their BTC on a discount for this hodlers which is obviously accumulating for the next bull run. There is really no other reason for that as 151,000+ BTC is no joke to be accumulated right now, yes it's nowhere near a million BTC but with the prices we have right now it's pretty big for someone accumulating. This might be a sign that they are preparing for something big.

[SaShiRaJaVu]

It is not a big surprise to hear these kind of news as it is the best time to invest when the market is really low and wait for the market to recover and then book their profits rather than entering when the price starts to recover and that is how people make money from this market and not the other way around, entering at the last moment and then missing the point of exit and missing the entire run and then crying that they got played and so on.

[davis196]

Source: https://news.bitcoin.com/bitcoin-whales-have-accumulated-thousands-of-coins-in-the-last-2-months/ Source on bitcoin rich list (https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html)

Top 100 whales have accumulated 151,405 BTC since Dec 17th. 2018. Smaller holders (those who have 100-1000 BTC) seem to have given a large amount of BTC to the larger wallets.

Now I don't know if this is due to people selling on exchanges, or simply leaving their money on exchanges. Though it does seem like it's pretty big news (if true) and whales are simply accumulating during this down time.

I'd like to see what people think about this!

151,000 BTC by a 3500 USD bitcoin price is around 529 million USD.Divide that by 100 and it's 5,2 million USD gain for the average crypto whale.It's not that much.Anyway,it's normal tha the global amount of btc is concentrating into the hands of the rich "whale" elite.That's how capitalism works...

[Hivalley]

This whales are being proactive, and that's why they make the most profits when there is a boom in the price of the bitcoin.
They are always willing to buy more bitcoins and those with lesser amounts are readily available to sell to them.
For as long as I can remember they've continually manipulated prices and uses the opportunity to stuck up their wallets with bitcoins.
You and I can also hold on to what we have(bitcoins) and gradually increase our portfolios

[grifinmch]

This is a thought and we need to understand it so we can learn from the pope. The Pope is still waiting for us to get it so that we can give a high value and then take the opportunity to throw it away. The game will continue so that the true holder will be bored, who will eventually hold on to it.

[semobo]

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

The people are living with the hope of being a millionaire in future so trusting the new technology and holding it as much as they can.

[sheenshane]

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

The people are living with the hope of being a millionaire in future so trusting the new technology and holding it as much as they can.

I think there is a big chance that the bull run is coming. If whales could afford to invest such a large amount of cash to their cryptocurrency wallet, then for sure they can afford data and technical analyst to analyze when will be the next bull run come. Some whales also try to manipulate the price of the bitcoin that is why they are trying to hold a lot of assets together. But I think it will work soon. Let us see and wait for it.

[buwaytress]

I think the same news was observed with the likes of Ripple and Ethereum... I actually didn't expect the same for Bitcoin.

1. I've personally come into contact with long-term Bitcoiners who gave up even as early as 2017 end, or right after the ATH. I'd assumed these released coins were snapped up by smaller guys or late entrants like me.
2. We've seen people cash out at 10k and above. I didn't think whales bought them up.
3. More new entrants to the 21 million club.

[LUCKMCFLY]

And they will continue to accumulate as many coins as they can and as many bitcoins as they can afford to buy, this is the time to do it, we are in the phase where that is what we are looking for, especially investors, since they can wait as long as necessary until the Bitcoin takes its upward trend and many will become millionaires just to wait and hold.

[richminded]

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

Still a hodler mate, no matter what they are saying as long as you hold bitcoin you will still be blessed. Those who hold much of bitcoin are really confident about the market, and maybe preparing for another peak so we as dust hodler or whatever it is, we should also start to accumulate bitcoin so we can also enjoy the possible up trend in the coming months, that’s the best thing that we can do as a hodler.

[susuberuang]

The 151,405 BTC could well be Bitcoin on an exchange cold storage.

If you call those holding as much as 1000 BTC small holders, what then do you call those who hold less than a Bitcoin? Dust holders

Still a hodler mate, no matter what they are saying as long as you hold bitcoin you will still be blessed. Those who hold much of bitcoin are really confident about the market, and maybe preparing for another peak so we as dust hodler or whatever it is, we should also start to accumulate bitcoin so we can also enjoy the possible up trend in the coming months, that’s the best thing that we can do as a hodler.

I think they can still hold as much bitcoin as they buy because they know that there will be a bitcoin halving day that will happen and from some experiences when halving day the price of bitcoin will be more expensive.

[shoreno]

I think there is a big chance that the bull run is coming.

that is also what im thinking about  but only if the rumors were true  .

if whales could afford to invest such a large amount of cash to their cryptocurrency wallet, then for sure they can afford data and technical analyst to analyze when will be the next bull run come.

no i dont think that whales will hire an analyst . whales are knowdgeable and with the huge amount that they invest , they can easily predict the flow of the price pretty  easy .

Some whales also try to manipulate the price of the bitcoin that is why they are trying to hold a lot of assets together. But I think it will work soon. Let us see and wait for it.

yes that what whales are for . they only manipulate the entire crypto market so that they can earn a profit .  based on what you wrote i think you are happy an excited for that event ? you should rather feel worried because that event can cause another big dump again  ( lets hope not )

[millgates]

Correct, many people tend to sell their bitcoin right now. They don't realize that actually bitcoin price is tend to rise. Those whales are smart people thats why most of them can become whales. New people who only care about profit don't know that market is still played by whales due to the low liquidity of bitcoin.

[GregH37]

I know that whales are the ones that control the market and determine the price always.
They have been known to be very smart and they know the market so well and it is an indication that there is great hope for bitcoin in the future.

This is nothing to panic about, whales will always manipulate the market but it will always be to the favors of bitcoin.