90 Whales with 10,000 btc - Bullish

[ene1980]

it is not 90 whales
its a few dozen exchanges with multiple pockets of 10k coins

It is good to create the narrative, may be most of the said exchanges are exchange hot and cold wallets but when the narrative is set they do not give you the clear picture until you dig deep and start checking those wallets individually.
I will be surprised if 20 individual are still holding over 10000BTC. I also had a lot of coins in the past but i have booked my profit throughout the years and now my holdings are very thin as compared to the past.

[acquafredda]

I believe the whales of the past are gone: one should have had steel balls to keep bitcoin from below $100.
There are a few still, but most of them are here for the whole bitcoin lifespan. If we take out of the equation the exchanges' wallets there are no more small unknown enitities that can do much harm.
Relax and stack your satoshis.

[LittleBitFunny]

This is the recent tweet from Binance CEO Changpeng Zhao,
He made a similar tweet in 2019, If anyone can realize the meaning of CZ's tweet, then he will refrain from panic selling.

On the other hand, with the rise in the price of Bitcoin, a lot of weak hands have been added to its upward flow. Due to these weak hands, the market could not go above 60/65 thousand anymore. As a result of this fall in the market, it is certain that the weak hands will run away with their temptation and the market will become more stronger than before.

[BIT-BENDER]

There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Want thing am sure whales knows is that they are wealthy enough to get more Bitcoin I think we also know that too, and also they have enough leftover wealth to sustain on while they hold and buy more bitcoin for a longer-term, mostly they always make profits out this when a bull market comes, as much as I want their Bitcoin buying rights am not wealth enough to do so, and still for panicking or self need people will sell-off, whales can't be cut-off from buying bitcoin.

[Gamerholic]

I think because they and whales are not very important for them to fall and they are not subject to impulsive and panic moods. When a person or group of people invests such funds in bitcoin, they have a clear and understandable strategy. Such people have plans that are not connected with the current course, they look ahead, so such sales as they are now are profitable for them. I think that panic is generally harmful in whatever market you trade and whatever asset you have. You must always have a cool head and a solid strategy of behavior.

[Nightz]

There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Does that also say whether there are exchange wallets included? I believe there is a relatively big number of exchanges that might hold Bitcoins in that range of around 10,000 BTC give or take. Still there are a lot of private wallets with that number of Bitcoins for sure.

[Miaallen]

I do not really see the effects of these new whales people are talking about. If these people you talk about now are newly acquired wallets, that means above 90 Bitcoin should be off the market and that should really help with the price rise but the opposite is what we experience.

[zanezane]

I believe the whales of the past are gone: one should have had steel balls to keep bitcoin from below $100.
There are a few still, but most of them are here for the whole bitcoin lifespan. If we take out of the equation the exchanges' wallets there are no more small unknown enitities that can do much harm.
Relax and stack your satoshis.

The hardcore ones are still alive I think, maybe those that are around 3 digit bitcoin are gone a long time ago but those that have more than a thousand is pretty alive and kicking I think. I agree that we should relax because the prices are going to go back up, we don't know when but we know that it will come and when it finally arrives, I want to have a lot of bitcoins to sell.

[Karartma1]

There's a complete new cohort of strong Bitcoin holders who have been training themselves since March 2020. After the March crash it's clearly visible how an increasing number of addresses are keeping a balance of +1BTC. These are the new bitcoiners that are holding still during recent market turmoils (and keeping the price at certain levels). Forget about the whales (and consider the big exchanges wallets).

[iTradeChips]

Nothing new

In 2018 when Bitcoin tanked at that time also there were a lot of panic sellers. They realised their mistake in 2021. Now again as Bitcoin tanked these weak hands are selling, they will realize their mistake in the future but, for now Whales are enjoying.

People just don't realize if they sell they will be in loss but if the hodl they will be in profit.

Yes, I do agree that this is just a repeat of the 2018 correction before when from 20k it all went down to 3k. So definitely we need not to worry about it especially we here have already experienced that drop of price in the past. That was a correction and so is today. Today's correction is another test on how resilient we are in the midst of the low prices in cryptocurrency. As the experts always say whenever this kind of thing happens, "buy the dip".

[freedomgo]

Do you think just because they are whales they will hold easily? No, they are whales, they can manipulate and do some short trading.  That's the reason why the market is still very volatile at the moment, we have to take advantage of this and not just hold for a long term, I'm not saying holding for the long term is bad, but at least we see the opportunity at the present and that is its price volatility.

[maydna]

Nothing new

In 2018 when Bitcoin tanked at that time also there were a lot of panic sellers. They realised their mistake in 2021. Now again as Bitcoin tanked these weak hands are selling, they will realize their mistake in the future but, for now Whales are enjoying.

People just don't realize if they sell they will be in loss but if the hodl they will be in profit.

Yes, I do agree that this is just a repeat of the 2018 correction before when from 20k it all went down to 3k. So definitely we need not to worry about it especially we here have already experienced that drop of price in the past. That was a correction and so is today. Today's correction is another test on how resilient we are in the midst of the low prices in cryptocurrency. As the experts always say whenever this kind of thing happens, "buy the dip".

So right now, people can expect to see an increase in bitcoin price and hopefully lift the price to more than $40k. The price now increases and reaches $37,900 after getting down yesterday. If this sentiment can still get more support, it could help the price to get more power to increase.

Yes, buying the dip will the best suggestion, and it seems people get a bit too late to buy at that dip because the price already increase. But still, the price below $40k can be said as a low price because the price can increase more in the future.

[Obito]

Do you think just because they are whales they will hold easily? No, they are whales, they can manipulate and do some short trading.  That's the reason why the market is still very volatile at the moment, we have to take advantage of this and not just hold for a long term, I'm not saying holding for the long term is bad, but at least we see the opportunity at the present and that is its price volatility.

I have heard some user say this and I do agree that they have the means to manipulate the market and at the same time earn from it no matter which direction the prices goes. I don't think that the whales are the sole reason why the market is volatile though, there is a lot of users that are trading 24/7 so the prices continuously changes.

[the rise]

Now that the pope is starting to take advantage of a fairly deep correction, when they came in yesterday, now that they've made a lot of profit, I don't think the market is still stable still heading down. make the most of this moment.

[JohnBitCo]

There are now 90 bitcoin addresses containing more than 10,000btc or more btc and this number is increasing lately. Whales are accumulating bitcoin while we are fearful and selling our holdings.

Food for thought. Don't sell your bitcoin as whales know something which we don't yet. 



https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

What about satoshis wallet how come that wallet with 1mil btc doesnt show up on this list???

Which  satoshi's wallet you are referring to here which contains 1 mil bitcoin ?  If satoshi own 1 million btc, you can write them off, since he is no more so those funds can't be moved. I am sure 2-3 million out of 21 million bitcoins are lost forever.