According to the CrytoQuant chart, 5000 BTC was recently sent to Binance.
The market appears to be controlled by a small group of people, which is the opposite of what bitcoin was about.
Since it was first created, Bitcoin has repeatedly died a thousand times, but it has continued to exist. Will there be another round of "Bitcoin is dead" propaganda from the government and gold holders?
5000BTC is some huge amount for sure and could cause some impact to the market. Given the fact that the market is already at its dip, they don't stand to gain so much from this but, they would gain non the less. What I don't understand is,
Are you saying these whales have got a group, like a corporation that gets to agree and do this at once or its something that happens based on individual perceptions of the times by themselves.
Well there would always be government, gold holders and antibitcoins who sees bitcoin for a threat to all they stand for and would always promote the FUD less they find a common ground. Those who take them seriously will still do until they grow up.
