whales are accumulating Bitcoin millions from binance and bittrex as well

[deadstark]

What signs these things are showing What your views

[NeuroticFish]

What signs these things are showing What your views

It's said in many places that we're in an accumulation phase. Whoever has money to invest, they accumulate, no matter it's from Binance, Bittrex or other exchanges, no matter they're whales or small fish.

[unsoindovo]

What signs these things are showing What your views

How do you feel it?
any data in support of this sentence?
or is just your (maybe ours) hope!?!!

[The Sceptical Chymist]

any data in support of this sentence?

I'll put it in clearer English:  OP, you need to provide a link to back up your claim or else it's just you shitposting out of your ass.  How do you know what any whales are doing as far as accumulating bitcoin?  Eh?  Show me a reference so I can verify it.

Assuming this is true, just for the moment, I would say this is a good time to be doing it.  I don't think those "whales" (whoever they are) know what's going to happen to bitcoin price-wise any more than the rest of us do, but they probably see $7300 as an excellent buy-in point.  Then again, I'm not sure how many big-money players use either Binance or Bittrex to place big orders.  I would think they'd find a way to buy large amounts of bitcoin without using a crypto exchange and avoid the risks inherent with them.  But I'm not even close to being a whale and can't say I fully understand their psychology or trading methods.

[Wexnident]

Uhm sources? From who's ass did you pluck this up? Did Binance actually PM you telling whales are accumulating Bitcoin? lmao

Though I believe a lot of traders believe that right now is the best period to accumulate BTC. With how the market has stagnated and they see it as a possibility to buy BTC right now and could possibly push it to new highs after this period of time. BTC has seen sideways movement constantly for a few weeks now and well, it is the end of the year, which could signify a possible change in the current market trends or at least, changing market trends, while the next year approaches ever so slowly.

[el kaka22]

Accumulation is not really something that will ever end in bitcoin world, people are making way too much money to be able to stop from manipulating the prices.

Whales have managed to sell all of their bitcoins all at once which causes the bitcoin to drop in price, however after a while they started to make money by just slowly buying, when you buy slowly you don't disturb the market too much, there is also orders so you get to see how much you buying wouldn't change the price, yet when you are selling they tend to sell like crazy all at once. Hence, this type of market system. Bitcoin could be decentralized and nobody could change that, but maybe markets needs to be regulated, that way we could stop people from manipulating the prices so much.

[mersal]

Its better to provide the link of those transaction to see everyone,

https://twitter.com/whale_alert/status/1202176928482021377
https://twitter.com/whale_alert/status/1202154576226537474

I guess this is all about OP is talking,Actually I get these tweet from WO thread where I tend to roam around when I have free time.

Source post: https://bitcointalk.org/index.php?topic=178336.msg53257267#msg53257267

[DoublerHunter]

What signs these things are showing What your views

^ Probably you are referring to this article that I have found, but this was about a month ago, https://blog.sfox.com/bitcoin-whale-alert-sfox-interview-3e77bbe55fc1. Whales or even small accumulators are now already accumulated bitcoin because at a low price in the market. They believed that Bitcoin will raise soon once the next halving event will come and early accumulating is a good way to invest your money. So far, Bitcoin price as of now struggling with the range of $7k but as we expected at the end of this year it will surge back in the market and let the time comes and reveal the truth, the most important is always ready, accumulate as much as you can and hold until your profit was there.

[avikz]

What signs these things are showing What your views

Firstly my question to you is that, how do you know that whales are accumulating? Let me know how do we also can see and understand this behavior of whales?

Apart from whales, I personally believe that the current price range is very attractive for us! So I am also accumulated at 7100 level in my trading account and waiting for the right time to sell and take profit! But I am really interested to know what whales are thinking!

[crwth]

Transferring of significant funds could be whales doing a lot of accumulating, but you can never be sure that it's them, but you should be alarmed that there are these types of transactions and whale alerts are an excellent way to keep track. I know that their tactics are to pump and dump. They buy first and make huge candles then when everyone's buying they start to sell. I think it's quite common now.

[unsoindovo]

Its better to provide the link of those transaction to see everyone,

https://twitter.com/whale_alert/status/1202176928482021377
https://twitter.com/whale_alert/status/1202154576226537474

I guess this is all about OP is talking,Actually I get these tweet from WO thread where I tend to roam around when I have free time.

Source post: https://bitcointalk.org/index.php?topic=178336.msg53257267#msg53257267

maybe here there is a misunderstanding.
Accumulation of a coin, as in stocks, bonds, commodity and in each asset whatever you want, is done day by day with tiny volume to be invisible at the crowd.
This is a common behaviour in a "Accumulation phase".
Few transactions with a huge volume each, could not be tagged as "accumulation".

[clickerz]

What signs these things are showing What your views

It's said in many places that we're in an accumulation phase. Whoever has money to invest, they accumulate, no matter it's from Binance, Bittrex or other exchanges, no matter they're whales or small fish.

I think it is better to check the volume, this data cannot hide what's happening but of course, how can we know it is not manipulated. But most knowledgeable enough, the accumulate slowly so that it will not visibly on record or have a sudden spike in prices.

[exstasie]

What signs these things are showing What your views

Au contraire, the BTCUSDT markets at Bittrex and Binance are actually trading $10-30 below Coinbase Pro and Bitstamp. If there was massive accumulation happening at Bittrex and Binance, the opposite would be occurring.

[Bagaji]

I will not blame anyone or group of people who have the money and ready to accumulate more Bitcoin at the current bottom price because everyone of us want profit on our investment and you will only gain profit when you buy at the lower price and sell at the higher market price. Now Bitcoin price is low and there is a strong believe that after halving come next year Bitcoin market value will increase.

[suzanne5223]

What signs these things are showing What your views

It's said in many places that we're in an accumulation phase. Whoever has money to invest, they accumulate, no matter it's from Binance, Bittrex or other exchanges, no matter they're whales or small fish.

I think it is better to check the volume, this data cannot hide what's happening but of course, how can we know it is not manipulated. But most knowledgeable enough, the accumulate slowly so that it will not visibly on record or have a sudden spike in prices.

As you presume. If the market is not manipulated, we are in the season of downtrend and slightly surge in price of crypto market which also the season for accumulating more coins.
I don't go through the link posted above to check if the accumulation are the truth because i already understood that experienced investors always used the last two months of Q4 of the year before halving to buy the dip.
Meanwhile, it not possible that the mentioned exchange site are the place they use for accumulation.

[LUCKMCFLY]

Well I think you must specify with some tests what you think, with numbers, pictures, something for your support, however Binance has a large Volume, Bittrex not much (Less after having banned certain countries) but for you to review the volumes you can guide you here:




Source: https://www.bitcointradevolume.com/

I have found that this website has very real data compared to other sites.

And to see in real time I like to use tensorcharts.com

Try them, use them and you will see that you will have more real data and with crypto data volumes in real time.

[Ayiranorea]

Whenever there is some positive or downward move in the price of bitcoin, it'll be associated with the news or some incident that happens around. This way now the large volume fund move between wallets were regarded to be sign of manipulation to disturb the market and accumulate as much possible at a lower price. Nothing has been precisely known from where the funds have got moved.

[pooya87]

the market is indeed in accumulation phase right now but i seriously doubt that whales are using these two altcoin exchanges for that purpose. they always use the bitcoin exchanges to accumulate bitcoin!
it is possible that Binance is getting some of the volume but definitely not Bittrex, their volume is at this point mostly fake as nobody really trusts them anymore which is why their rank dropped from being #1 a couple of years ago to above 100.

[Twinkledoe]

I will not blame anyone or group of people who have the money and ready to accumulate more Bitcoin at the current bottom price because everyone of us want profit on our investment and you will only gain profit when you buy at the lower price and sell at the higher market price. Now Bitcoin price is low and there is a strong believe that after halving come next year Bitcoin market value will increase.

They have the means to accumulate more and they are lucky. And it means that they believe that sooner or later, the value of bitcoin will increase. Because if they have no slightest hope that they can get profit or recover their investments, I don't think they will stake their money on this very volatile industry.

[CryptoBry]

People are always proclaiming that we are at the accumulation phase and that whales are buying Bitcoin by the millions but if they are how come the market remains to be anemic? Ahh, so that answer to that is that the whales are buying, and they are controlling the price, so they can buy low. Okay, I better take that argument hook, line and sinker since I am already tired of all these hullabaloos. This industry has already been turned into a big circus without us knowing it all because maybe we are enjoying being entertained with.