Bitcoins accumulated by institutional investors

[Murat]

If this trend is gonna be an institutional issue then it would be a good thing from my perspective, this type of big bulk holding is not good for this platform because of Bitcoin is yet to be a mature platform, so when you see that a big syndicate then you might think that there is a big target behind this, Suppose when the price of Bitcoin will get a high line then they would probably sell of their whole stocks and then instantly the price will be hampered again, So I think everwhere is syndicate is not brought any positive outcome. Institutional or non-institutional, that's not my concern, the reserve is the main concern for me because of its a currency, not gold.

[jostorres]

It's very easy to comprehend, so simple the price of bitcoin reduced and this made is easier for investors to getore and more, the bear market was not all that completely a disaster it just a time to get extra bitcoin

The time that the bears spend in the market may be discouraging, but to a degree, it is actually a blessing because it will make us be able to buy the coin at cheap price and then sell at high price anytime that the market is fully bullish.

This is one thing that makes institutional investors to always be wiser than us, anytime that they see some of those opportunities to buy bitcoin at a cheap price, they go for it and accumulate as much as they can while we are the ones that use to panic sell, but  if we are wise, we should already understand that rather than panicking, we should try to always take advantage of the deep price to always had more coin to our pocket in preparation to when bitcoin will fully start rising in the future when the bull run starts.

[Dabs]

It's trivial to generate a few hundred to thousand addresses, then use those to split up what would otherwise be a very large quantity of coins in a single address. They could even use one of those wallets or hardware wallets with HD to create a master extended public key and have a thousand addresses of cold storage.

[coinfinger]

I have just seen this tweet from glassnode on Twitter which shows that the number of addresses that hold over 1000 BTC has dramatically increased in the last year and a half. Pretty much since we have dropped from the $6000 level the BTC has started to be accumulated. Are they institutions? What's your take on that? Also why wouldn't they split their holdings in multiple addresses instead of keeping them all in one?

Looking at the graph we are approaching 2100 addresses with > 1000 BTC, that translates to at least 2,100,000 BTC.

Not every address that you see actually belongs to institutional investors because we have so many people in cryptocurrency that are very rich individually and many people keep money in bitcoin for different purposes, some keeps it for Investment, some for transactions and some even keeps it in their wallet against the eyes of the government.

Institutional investors that hold bitcoin even have more than that 1000 btc in their wallet, and talking of splitting into different address, I see no reason why they should do that when they don’t have hidden agenda, and they might have even done that by splitting it the way you see. What if an institutional investor has about 10,000 btc altogether and the splitting is what you have already seen as 1000 each?

[qiwoman2]

It looks like it can be a mix of both institutional investors, big lone whales and also exchanges. If you have noticed there are a plethora of new cryptocurrency exchanges opening up every month, so naturally, they will be housing some good number of Bitcoin in their hot and cold wallets for their customers. So although I do believe that institutional investment into the Bitcoin Asset Class has been going up steadily, I also think that OTC DESKS and Exchanges have also been cropping up in numbers as well. The big birds are for sure eating up all the little Bitcoin worms now. I want to see if more and more smaller holders will be popping up, as we want more decentralization to happen and this can only happen if we have many Bitcoin holders.

[Wintersoldier]

It looks like it can be a mix of both institutional investors, big lone whales and also exchanges. If you have noticed there are a plethora of new cryptocurrency exchanges opening up every month, so naturally, they will be housing some good number of Bitcoin in their hot and cold wallets for their customers. So although I do believe that institutional investment into the Bitcoin Asset Class has been going up steadily, I also think that OTC DESKS and Exchanges have also been cropping up in numbers as well. The big birds are for sure eating up all the little Bitcoin worms now. I want to see if more and more smaller holders will be popping up, as we want more decentralization to happen and this can only happen if we have many Bitcoin holders.

That's for sure, we are seeing more and more new exchanges and they are becoming quite effective in promoting Bitcoin to the global community. I think that the price of Bitcoin will grow steadily every year now.

It's quite un likely to spot the big maeket change due to investors only, though it is in fact true that there are many whales in the crypto space. But I see, another contributor to this phenonmenon are those bitcoin casinos and sports betting platforms that needs more fund to operate. In addition l, more and more mobile wallets and exhnages are now opened for massive crypto adoption in the latter future.