Fact is even if it's a whale they might try to put a little chaos in the market by doing so, which evidently happens every once a while, people see it and then get very scared if it would cause chaos or if the price would fall and the new investors generally sell their coins amidst panic but the fact is
you don't even know if it's a whale and even if it's a whale you don't even know if they wanna sell. Therefore these kinds of news and posts are something that I think might be the best to ignore. At the end of the day the market is very suggestive to such posts but one thing you need to learn about investing is to not panic.
There’s no way of knowing who those entities are. It could be exchanges moving funds, it could even be OTC sales, without context it’s an impossible, wild goose chase.
The tweet said, although it can’t be verified, that the largest transactions didn’t come from exchanges. Plus I believe Ki Young Ju just wants to show that there was a very big surge during 2017, after those large movements.
No way of knowing what's gonna happen what we can do is to wait and watch. I do think we have already seen bitcoins soar up so high we might not see that huge surge for sure.
