|
avikz
Legendary
Offline
Activity: 3206
Merit: 1525
|
|
December 08, 2021, 07:53:05 PM Last edit: December 09, 2021, 04:58:07 AM by avikz |
|
Please update the title of the thread. There is a big difference between $150 and $150 million.
The whale/corporate who had purchased this huge amount of bitcoins, clearly understands one simple math. There are 7.3 billion people in this world but only 21 millions of bitcoin can ever exist. So it's a accumulation game and the whale want to play it correctly. As simple as that!
|
|
|
|
suzanne5223
|
|
December 08, 2021, 08:09:27 PM |
|
According to the current price of Bitcoin the wallet holder is holding about 112,000 BTC automatically the owner of the BTC is not a whale but Humpback Whale. Meanwhile, I found it hard to believe that the Bitcoin belonged to a single individual and it is possible that the wallet is a cold wallet of an organization or an exchange cause no one will dare save such an amount in an online wallet.
Try to change the topic as the above user advise.
|
🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
|
|
|
Quidat
|
|
December 08, 2021, 08:11:32 PM |
|
Please update the title of the thread. There is a big difference between $150 and $150 million.
The whale/corporate who had purchased this huge amount of bitcoins, clearly understands one simple math. There are 7.3 billion people in this world but only 21 millions of bitcoin can ever exist. So it's a accumulation game and the whale wanta to play it correctly. As simple as that!
And since they do know that they do have the advantage then they would definitely playing smart out of it which lets just accept the reality that there are really people on this world which is rich enough on making out investment on things which we know that it is really worth to invest on and we do see its potential like Bitcoin. Tried to end up on monopoly? No it wouldnt end up like that for sure.
|
|
|
|
Fortify
Legendary
Offline
Activity: 2800
Merit: 1198
Crypto Casino and Sportsbook
|
|
December 08, 2021, 08:18:42 PM |
|
It's definitely worth considering that while $150 million sounds like a lot to the average person, it's somewhat like pocket change to some multi-billionaires or companies. They can often run out of places to park or diversify their money but Bitcoin gives them another spending outlet. However, it's very possibly one of the giant companies like Paypal, who are actually a leach on Bitcoin as they take it all and hide it inside their walled garden - then resell it to retail buyers who can benefit if the price rises but must always sell back to Paypal. It could even be companies like Visa or Mastercard who see the writing on the wall and want to get in so they can resell too.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
Welsh
Staff
Legendary
Offline
Activity: 3290
Merit: 4115
|
|
December 08, 2021, 09:38:54 PM |
|
It's definitely worth considering that while $150 million sounds like a lot to the average person, it's somewhat like pocket change to some multi-billionaires or companies. They can often run out of places to park or diversify their money but Bitcoin gives them another spending outlet. However, it's very possibly one of the giant companies like Paypal
Its mainly companies making these types of moves, even for someone rich, considering that most wealth is public data to some extent at least. An individual is definitely going to notice that amount of money, so while I get the point your making, it doesn't really matter in the grand scheme of things how much it's worth to them. The important part is this is a significant amount invested into Bitcoin at a dip, which contributes to people gaining faith, and creating a domino effect in buying more Bitcoin. So, while it might not be much to the person or company that's decided to do this, it's definitely quite significant to the wider Bitcoin user base.
|
|
|
|
nullama
|
|
December 08, 2021, 10:29:08 PM |
|
Aren't these people concerned about address reuse?
|
|
|
|
Upgrade00
Legendary
Offline
Activity: 2170
Merit: 2320
Playgram - The Telegram Casino
|
|
December 08, 2021, 10:44:38 PM |
|
Meanwhile, I found it hard to believe that the Bitcoin belonged to a single individual and it is possible that the wallet is a cold wallet of an organization or an exchange cause no one will dare save such an amount in an online wallet.
What part of the article said it was an online wallet? I personally doubt it's an exchange wallet, due to the nature of the transactions, but it's very difficult to ascertain. If a whale isn't careless enough to store their bitcoins in an online wallet, an exchange would probably know that as well, especially for cold storage. Aren't these people concerned about address reuse?
Not everyone is very private conscious, considering that the change address is always the same as the sending address in majority of the transactions (the ones I checked out). Probably, they are satisfied with being pseudo anonymous.
|
|
|
|
▄▄███████▄▄███████ ▄███████████████▄▄▄▄▄ ▄████████████████████▀░ ▄█████████████████████▄░ ▄█████████▀▀████████████▄ ██████████████▀▀█████████ █████████████████████████ ██████████████▄▄█████████ ▀█████████▄▄████████████▀ ▀█████████████████████▀░ ▀████████████████████▄░ ▀███████████████▀▀▀▀▀ ▀▀███████▀▀███████ | ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ Playgram.io ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | ▄▄▄░░ ▀▄ █ █ █ █ █ █ █ ▄▀ ▀▀▀░░
| │ | ▄▄▄███████▄▄▄ ▄▄███████████████▄▄ ▄███████████████████▄ ▄██████████████▀▀█████▄ ▄██████████▀▀███▄██▐████▄ ██████▀▀████▄▄▀▀█████████ ████▄▄███▄██▀█████▐██████ ██████████▀██████████████ ▀███████▌▐██▄████▐██████▀ ▀███████▄▄███▄████████▀ ▀███████████████████▀ ▀▀███████████████▀▀ ▀▀▀███████▀▀▀ | | │ | ██████▄▄███████▄▄████████ ███▄███████████████▄░░▀█▀ ███████████░█████████░░█ ░█████▀██▄▄░▄▄██▀█████░█ █████▄░▄███▄███▄░▄██████ ████████████████████████ ████████████████████████ ██░▄▄▄░██░▄▄▄░██░▄▄▄░███ ██░░░█░██░░░█░██░░░█░████ ██░░█░░██░░█░░██░░█░░████ ██▄▄▄▄▄██▄▄▄▄▄██▄▄▄▄▄████ ███████████████████████ ███████████████████████ | | │ | ► | |
|
|
|
Ryker1
Sr. Member
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
|
|
December 08, 2021, 10:59:29 PM |
|
Well it is really hard to determine if that is a whale address or just an exchange transfer their fund into another cold storage/hot wallet. That is a huge amount and I don't think there is a single person that can afford that big amount and even the most riches man would not be able to afford that even if we know how much investment with Elon Musk. If that is a whale, it perhaps has a small effect on the market price, but I don't see anything there that is a sign that it has an impact.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
Voxo2222
Jr. Member
Offline
Activity: 70
Merit: 2
|
|
December 08, 2021, 11:12:25 PM |
|
Dont belive anything whales now selling not buying.
|
|
|
|
dunfida
Legendary
Offline
Activity: 3220
Merit: 1155
|
|
December 08, 2021, 11:51:35 PM |
|
Dont belive anything whales now selling not buying.
Whale or not Big investors or not Common people or not Companies or not It doesnt matter because we are sharing on the same goal and mindset which is to sell high and buy low. This is the primary actions that we do made.
|
|
|
|
NelfiNovita
|
|
December 08, 2021, 11:58:40 PM |
|
yes, there have been a lot of big whales buying bitcoins during this downturn. In general, the big whales are big companies who want to take profits, such as when the price of Bitcoin decreases they will buy Bitcoin in very large quantities and when the price of bitcoin goes up they sell all the bitcoins they have. In my opinion, bitcoin holders selling their bitcoins when the price goes down is a stupid act, they can still get bigger profits when the bitcoin price reaches the ATH price, they should be more patient to get bigger profits.
|
|
|
|
uneng
|
|
December 09, 2021, 12:49:04 AM |
|
Well, these aren't good news, because it's a clear signal bitcoin is still very concentrated in few hands, feeding the narrative bitcoin is manipulatable, controlled by few individuals and benefical only for a small group of whales. The correct would be if new or small investors were buying the dip, not the whales. Anyway, the profit made by this anonymous investor (the third largest bitcoin holder) was insane! It is said he bought 118,405 BTC for an average price of 21,160$ per coin, since 2019. Considering bitcoin at 50,000$ right now, this investor has made so far 28,840$ profit per bitcoin since the beginning. Total profit of 3,414,800,200$ dolllars!
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Wiwo (OP)
|
|
December 09, 2021, 04:46:10 AM |
|
Thanks for pointing my attention to the typo error I have corrected it now. Please update the title of the thread. There is a big difference between $150 and $150 million.
What do you mean by address reused this is the first time am coming across such a term. Aren't these people concerned about address reuse?
|
|
|
|
Coin_trader
Copper Member
Legendary
Offline
Activity: 2912
Merit: 1216
Leading Crypto Sports Betting & Casino Platform
|
|
December 09, 2021, 04:54:46 AM |
|
I believe that wallet is from one of the institutional investor like grayscale and microstrategy. Imagine the risk involve for that huge amount of money if its only accumulated by a single person. Only billionaire like Elon Musk can do that kind of risky investment since most the real life whale preferred an investment on safe assets.
That money came from tons investors in crypto.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
worle1bm
|
|
December 09, 2021, 04:55:07 AM |
|
It's not new concept as we have seen whales putting out billion dollars into bitcoin during these dips as prices went down from ATH of this year to $46k of which they took advantage and invested but do you know how all this is possible? The panic sellers make them more rich as btc prices are going to rise in future and they will gain much and only holding rather than selling them.This is game at big level and whales have funds to capture big portion of supply.
|
|
|
|
DapanasFruit
Member
Offline
Activity: 1218
Merit: 49
Binance #Smart World Global Token
|
|
December 09, 2021, 05:03:32 AM |
|
This whale move to buy $150 million worth of Bitcoin made into the news and this is actually good for Bitcoin so it can start to rise again maybe going beyond the last ATH it achieved so far. The message is quite clear to all of us: When there is a big dip there is a big opportunity to make fast money in cryptocurrency. And this is just the cycle with Bitcoin and the rest of this industry; for as long as you are not dealing with shitcoins then there is more chance that things will soon get rosy.
|
|
|
|
pooya87
Legendary
Offline
Activity: 3584
Merit: 10876
|
|
December 09, 2021, 05:25:10 AM |
|
This whale move to buy $150 million worth of Bitcoin made into the news and this is actually good for Bitcoin so it can start to rise again maybe going beyond the last ATH it achieved so far.
Considering that the dip occurred because of weak hands panic selling their bitcoins with an irrational decision, I have to tell you that it would take a lot more for them to stop their panic sell and stop market manipulators from shorting bitcoin and letting the price go back up this soon. A weak news about a large purchase is only going to entertain people for a day or two.
|
|
|
|
enhu
Legendary
Offline
Activity: 2492
Merit: 1018
|
|
December 09, 2021, 06:12:22 AM |
|
Meanwhile, I found it hard to believe that the Bitcoin belonged to a single individual and it is possible that the wallet is a cold wallet of an organization or an exchange cause no one will dare save such an amount in an online wallet.
What part of the article said it was an online wallet? I personally doubt it's an exchange wallet, due to the nature of the transactions, but it's very difficult to ascertain. If a whale isn't careless enough to store their bitcoins in an online wallet, an exchange would probably know that as well, especially for cold storage. Aren't these people concerned about address reuse?
Not everyone is very private conscious, considering that the change address is always the same as the sending address in majority of the transactions (the ones I checked out). Probably, they are satisfied with being pseudo anonymous. Fo a whale, he should be concerned about privacy knowing that the public key is already exposed. It might be transferred somewhere later. It's not so surprising that rich people are accumulating coins like what Michael Saylor and Bukele are doing. It's like they know something big is going to happen eventually and money will run out which will be replaced by BTC. Inflation or it could be because of Omnicron.
|
|
|
|
TheUltraElite
Legendary
Offline
Activity: 3010
Merit: 1318
So anyway, I applied as a merit source :)
|
|
December 09, 2021, 06:47:55 AM |
|
It's like they know something big is going to happen eventually and money will run out which will be replaced by BTC. Inflation or it could be because of Omnicron. Typo there. New variants of viruses will occur in nature, it does not mean they are more effective than older variants in causing disease, there is a panic currently but it is slowing down and that is an acute event, it should have seen a sell-off rather than whales buying. I think this correlation is not correct at this stage. Someone caused a panic selling and someone did an correct buying, that is how I see this. On Saturday the market crashed in a three hour time span from 60k to 45k and then recovered back to 50k. What is important to note is that the selling trend is still continuing and buying points are open for those who want a discounted price to buy. Because the last few weeks has seen 60k+ prices for too long. Admit it for the middle class this is a high price for their regular income. The futures market and short selling is to continue and therefore I would say wait and watch for even lower prices. Keep your sell orders high and you should make a profit this year end.
|
| █▄ | R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
|
|
|
|