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Author Topic: Do whales manipulate the market?  (Read 1490 times)
hichamito37 (OP)
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June 30, 2021, 01:51:39 PM
 #1

I see many people wondering. Do whales manipulate the market?
I found website, it contains all the information about whale wallets we need to know:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html?fbclid=IwAR1Sswk63v4xVX58QdJFhlbzCA6hLNbRguJyimWXK7AfnR86go1kze7gJdg

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June 30, 2021, 02:21:24 PM
 #2

Yes they do, one person can have unlimited amount of bitcoin so a whale has no reasons to hold all of his bitcoins into a single wallet.









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June 30, 2021, 03:47:36 PM
 #3

In my opinion if the whales were also manipulating the market but it looks like your SS has nothing to do with it dude. That site was giving you an information about the richest bitcoin wallet and it doesn't have any correlation with the whales.
The whales were dividing his money to the various coins and it may also have a very big amount of stable coins.
that's why that site was not relevant. the whales were very active on the centralized exchange site dude.

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June 30, 2021, 04:08:41 PM
 #4

I see many people wondering. Do whales manipulate the market?
I found website, it contains all the information about whale wallets we need to know:

You can be pretty sure that whales are manipulating the crypto market just as they manipulate every market that exist out there on this planet. I even think that the crypto market is way easier to manipulate then the other more traditional financial market that exist. The reason for that is quite simple, the total marketcap of all cryptos combined is still relatively low compared to for example the stock market and the price movements of every crypto altcoin that exist is still connected to the price movement of bitcoin. So if one big whale decides to dump their Bitcoins it still has the potential to move the whole crypto market into a downward spiral.
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June 30, 2021, 04:30:30 PM
 #5

The cryptocurrency market is completely unregulated and there is no regulatory authority. So, there are more frequent signs of market manipulation. That is why, it is very important for beginners to distinguish natural market movements from direct interventions, so as not to get in touch with market manipulators.

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June 30, 2021, 04:43:49 PM
 #6

whales manipulate the market i believe almost always since the birth of bitcoin and crypto currencies they come together in groups and make immense transactions mainly on bitcoin but also on some altcoins by manipulating the market for their own gain, this thing in reality should be contained in some way
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June 30, 2021, 05:23:24 PM
 #7

The cryptocurrency market is completely unregulated and there is no regulatory authority. So, there are more frequent signs of market manipulation. That is why, it is very important for beginners to distinguish natural market movements from direct interventions, so as not to get in touch with market manipulators.

It is very normal for cryptocurrencies to be irregular. This market arises from the absence of a central authority, which is open to irregularities and manipulation. Whales always act together and make very good profits, small investors like us make individual transactions, but whales always trade in the market in an integrated manner with each other.
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June 30, 2021, 05:32:01 PM
 #8

Unfortunately, it is, because it is everywhere, not only in the cryptocurrency market, but also in other markets, always big players decide whether the market will fall or whether the market will grow, and therefore it is the whales who constantly decide what the cryptocurrency market will do and with this there is nothing to be done, therefore, it is simply not necessary to pay attention to this and we just need to move on, and indeed anyone who has been in the cryptocurrency sphere for a long time has already understood that whales in the cryptocurrency market completely decide everything.
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June 30, 2021, 06:00:13 PM
 #9

I see many people wondering. Do whales manipulate the market?
I found website, it contains all the information about whale wallets we need to know:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html?fbclid=IwAR1Sswk63v4xVX58QdJFhlbzCA6hLNbRguJyimWXK7AfnR86go1kze7gJdg


All the time, the whales influence the market.Their are many wallet, but only few are trusted wallet in the market.Some trusted wallet are trust, localbitcoin, Localcrypto.So you can created a account in this for the safety of the money. Some of the fake exchange in the market.
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June 30, 2021, 06:24:48 PM
 #10

I see many people wondering. Do whales manipulate the market?
Yeah, they did. It's proven by the existence of pump and dump scheme, with owning huge amounts of funds on the hands no wonder if they take advantage of it to get some profits for them.

I found website, it contains all the information about whale wallets we need to know:
I guess those lists above are not completely related to the whales, there might be some whales there but I believe most of them are Bitcoin enthusiasts who HODL it tightly.
Additionally, as far as I know generally whales movements are using stable coins or altcoins
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June 30, 2021, 06:44:17 PM
 #11

thanks for the news, but it boosted the market price with at least the coin being spread to the public
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June 30, 2021, 08:17:48 PM
 #12

It's no longer a secret that the whales are manipulating and that list that you've shown, most of the wallets that has a lot of bitcoins. They are coming from the exchanges and those are likely from the cold storage. The common strategy that the whales do are making some sort of news that will spread FUD to the people and then they're the ones that will buy those discounted bitcoins that have been sold due to the fear and panic that they've done.

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June 30, 2021, 08:21:40 PM
 #13

Since crypto market grew big market players manipulate the whole market to take profit from weak hands. Everyone is aware of it and some are just riding with the whales. Even stock market are manipulated by rich people. They sell the news and spread FUD to manipulate the market. Even tweets by Elon is now driving the market.
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June 30, 2021, 08:33:32 PM
 #14

The cryptocurrency market is completely unregulated and there is no regulatory authority. So, there are more frequent signs of market manipulation. That is why, it is very important for beginners to distinguish natural market movements from direct interventions, so as not to get in touch with market manipulators.

Yes, that's right, the cryptocurrency market is an international market in digital currencies, so all of that is not without manipulation in the market, but a better market development in the cryptocurrency market. However, the cryptocurrency market, there are many ruthless competitors in a project, as well as beginners who are busy wanting to join an existing market or project, and don't be fooled by an existing project, pay attention first before taking a good step.

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June 30, 2021, 08:58:00 PM
 #15

Since crypto market grew big market players manipulate the whole market to take profit from weak hands. Everyone is aware of it and some are just riding with the whales. Even stock market are manipulated by rich people. They sell the news and spread FUD to manipulate the market. Even tweets by Elon is now driving the market.
There are a lot of whales surrounding the market and those that are big players that will make fud and when the market dumps, they are the ones who will take advantage first and buy those cheap coins as much as they want. They are mostly the rich people that will always wanted to control the market so they can always buy crypto coins as many as they want and continue manipulating the market.

Market manipulation isn't new to us and so investors are already used to it. If they can invest in those high potential coins like bitcoin and ethereum, market manipulation can't stop them from reaching new heights everytime these coins start to surge.

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June 30, 2021, 09:00:58 PM
 #16

If there's manipulation happening here, that beyond our control because there's no regulations on cryptocurrency that could prevent it. Whales could use their money to create hype and buy bitcoins at bigger amounts. They could make the price rapidly increase, but we need to be careful on that stage of ongoing rise because that will suddenly drop when they'll going to take their profit.


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June 30, 2021, 09:02:06 PM
 #17

Yes they do, one person can have unlimited amount of bitcoin so a whale has no reasons to hold all of his bitcoins into a single wallet.

Bitcoin used to be manipulated heavily much much less now.  The volume is just too much for one person or even one group at this point to move the needle.  Can they, yes.  Do they probably not now.  Now for alts oh completely.  Pretty much everything is still manipulated for low caps.  They are trading toys for people.

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June 30, 2021, 09:05:46 PM
 #18

Of course, this is literally that's why they exist. There is still no regulation in the markets, so a whale can manipulate small-scale stock markets as it wishes and earn income. Let them be whales, they are not so harmful once you watch their waves.  Tongue

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June 30, 2021, 09:24:43 PM
 #19

I found website, it contains all the information about whale wallets we need to know:

Its just a wallet rich distribution, its just a information not all the information we need to know. Also a whales can have more than a wallet, so its possible someone have a huge amount of BTC and divide it to some wallets. Also, not only whales who did manipulation, huge investor who want to entry the market usually do manipulation too for having a lower entry.

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June 30, 2021, 09:59:07 PM
 #20

Whales of course do manipulate the market when the opportunity calls, I mean who wouldn't?, if you are a whale of a coin and you find an opportunity where manipulating the market is required for you to gain some really good profit, I bet you would, but then market manipulation is very easy with crypto cus the industry is still very young, a time is coming when the crypto market will be so so big that it would be near impossible for it to be manipulated.

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