The whales stirred. What should we expect?

[DrBeer]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

[Solosanz]

We can just make an assumption because there's no proof if the owner sold all of their coins and withdraw it in fiat, what we know is the owner move his old coins, that's all.

No, I don't think they sold because they're moving to fiat, Bitcoin and fiat are completely different, they should have sold their coins before if they not trust in Bitcoin.

No, not the end of Bitcoin era. Maybe diversification or something else.

The tightening laws about cryptocurrency shouldn't make them get rid off from Bitcoin because there's a way to exchange and cash out without KYC.

[icalical]

Since OP doesn't include any link on the main post, I try to search on google about the recent crypto whale wallet movement, and all I can find is this article. Based on that article there the crypto whale(s) was releaseing ETH and LTC, the amount is more than 100M so it is huge amount. It should be impactful, but I don't think it will end the crypto or bitcoin era. 

[dothebeats]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

No, I don't think it will end the bitcoin era and cryptocurrencies era but rather shift the money towards asset class like stocks, pressure metals and real estate. If you're here long enough you'll notice that this kind of stuff happens regularly so it shouldn't be much of a concern.

[vv181]

It seems to me in regard to an old address there are only two possibilities that exist by what some populist said. An unmoved old address meant a lost coin or an old address making a movement would mean to sell it.

About the latter, there is nothing wrong with selling the bitcoins and it does not tell and mean a single thing. Why would you automatically say that whales who have old addresses directly affect public perception toward Bitcoin in general? There is not any related link between both of these that I could think of.

[tabas]

Far from ending the Bitcoin era. We all knew it that Bitcoin is here to stay and even the old holders are having times of thinking whether to dump the Bitcoins they have that were taken on the early days. I am just thinking that each time that we're gonna be on a bull run, there will always be these people that have come to revive their wallets that has been stuck for a long time. It's like a typical guy that just want to have some pile of cash and about to withdraw from the market and who knows what they are going to do next.

[EarnOnVictor]

Many reasonable questions here, and I will try my best to answer them one by one according to my beliefs and suspicions. You should have added links or images too as this seems overemphasized to me.

1.What is this ?
2. - the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
3. - the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
4 - regulators have "gotten their way", cryptocurrency is losing support and interest ?
5. - your version ?

1. It shows ulterior motives that no one can answer except the movers of the money.
2. Never!!! Not even the old whales can end the era of cryptocurrency this time that it has been established in the mainstream of the financial market. And no, they can't be stupid enough to move to fiat permanently when the price of Bitcoin is still low. I believe they are changing their strategy towards the safety of the coin, or have a business plan that needs urgent funding.
3. Refer to the second answer, and they might have altcoins they would want to change part of their assets to. It's their money, and these altcoins could be numerous.
4. I don't believe this, if this was true, then they would have rather moved it to self-custodial wallets, not an exchange that would further expose them to regulations.
5. Perhaps, they have special deals/contracts with exchanges that are not plain to the general public.

[Betwrong]

Since OP doesn't include any link on the main post, I try to search on google about the recent crypto whale wallet movement, and all I can find is this article. Based on that article there the crypto whale(s) was releaseing ETH and LTC, the amount is more than 100M so it is huge amount. It should be impactful, but I don't think it will end the crypto or bitcoin era.  

Yes, those are huge amounts, more than $100M indeed, but let's check the impact. This is the graph for ETH during the last month:



In July 17th, the very day the article is talking about, the price dropped from $1,924 to $1,884. So, was that the impact? Maybe, but it looks like just normal fluctuations to me.

Let's check it for LTC:



The "impact" was even smaller in this case.

[franky1]

this is more of a speculation category topic. but lets answer it anyway

things to keep in mind:
a. for every seller, there is a buyer. otherwise orders just sit unprocessed
b. when whales put funds into an exchange. their choice is not just fiat.
c. when social media report on whales. general exchange users can react in the opposite path to what people expect



lets explain (c)
if another whale has a futures contract where he does not want the price to go below X. when seeing a rival whale possible wanting to sell down the spot market. the futures whale may swallow up those dips to keep the price up

another scenario. general users may see the possibility of a sells dip event due to a whale and want the discount so they go on a buy surge to buy up the dip to bring the price back to norm

lets explain (b)
putting btc into an exchange is not a guarantee fiat grab same day, it may be done slowly over months. and it might even be a buy event for altcoin. thus not causing a instant sell dip in the BTC-USD market

lets explain (a)
imagine the price is $29,999
there may be lots of buyers that limit themselves to stop buying at $30,001
buy are happy to buy heaps of coins under $30k
so if there is a large sell under $30k then its a great buy day for all buyers willing to buy under $30k who will eat up all them orders

[TravelMug]

It's really hard to see what the whales are doing right now. We are still in the middle of the bull run, so it doesn't make sense for them to sell?
Perhaps they are just moving it to a more secure bitcoin addresses or something and not necessarily that they are going to sell or not.
If they are selling after holding it for many years, then I would say that it is the wrong decision. I mean they have been holding it for years and then suddenly they will liquidate it? For me it's a stupid and bad moved.

[so98nn]

That seems really far fetched assumptions about the Bitcoin. Though you have not provided any source regarding the movement of such Bitcoin assets or older wallets are getting touched. Let us assume that this is a hypothetical situation where all the whales are touching their wallets for some reason then it could be anything from getting ready for the next halving or it could be just they are getting their funds transferred securely to another wallet. It could be just refresher movement and nothing much. It doesn’t mean we have to get so much worried about it. Just keep calm and keep our Bitcoins hang tight.

[Yamane_Keto]

Stop posting FUD or trying to believe it, there is no variable that makes whales selling abnormal, if they happen, it is either because of paying off a debt, trying to postpone payment, or liquidating positions in long term sales, all of which make some whales decide to liquidate the bitcoin they own, but such variables do not affect the price or do not move the price outside a certain price level.

[michellee]

It's not the end of the crypto era but maybe it's time to rise after being buried for years waiting for the right time to rise. And it seems they see now as the right time to get up, especially since the last highest Bitcoin price could reach $ 60k. And it's only natural that Bitcoin owners transfer their Bitcoin to exchanges because they want to withdraw their profits after holding their Bitcoins for a long time.

And I think after they've made a huge profit selling Bitcoin, they're waiting for another dip so they can buy Bitcoin again. And they also don't need to sell most of the Bitcoin because just selling a few Bitcoins can make them a millionaire. Meanwhile, they can keep most of their Bitcoins for years.

They now have to think about keeping their huge sum of money and will probably keep their money in crypto. If they send the money to a bank account, it will set off an alarm from the bank so their account will surely be checked. And the regulators will certainly also examine the account because there is a money transfer coming into the account. That's why keeping the money in separate wallets in crypto would be the solution.

[Dunamisx]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life".

This is not the first time we will be having such experience from a long time active wallet coming back to use by their users, most of this dormant wallet are the ones belonging to the whales who have bought enough, hodl over a long time and are ready to sell at their convenience.

Recently, assets have started to be transferred from these wallets to the exchanges

I don't expect seing bitcoin transaction from a decentralized personal wallet moved to a centralized exchange, why should they act that way? the AML will definitely look after them for more investigation except they are sending little by little to centralized exchanges for exchange to fiat.

! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat

Don't get captivated by this or distracted by whales, this isn't the first time inactive wallet comes back to life, whales are not the users alone, the network comprises of both the short time holders, crayfish holders, dolphins and whales bitcoin holder depending on individuals capacity to own bitcoin.

- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?

Bitcoin just like any other asset is a digital asset as well, once you invested and hodl it becomes your digital currency asset because in doing this, bitcoin is profitable when the market pumps.

- regulators have "gotten their way", cryptocurrency is losing support and interest ?

No but may be applicable to other cryptocurrencies but not on bitcoin because it's decentralized.

[Faisal2202]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

Well, till now, not a whale had sell his BTC (AFAIK). Or maybe one or two might but in my version, institure are interested in buying more and more BTC, big whales like MicroStrategy had already filled there bags or maybe they are just empty now. That's why we are not seeing another buying from them. But crypto is not lossing its era nor BTC. It's just small correction that BTC is currently making.

In my Point, next week we might see another boom. Maybe BTC break $34k or $35k resistances. But these are just my assumption based on my instincts about Market. I know market doesn't predicted by instincts but trust me. i have superpowers. 

Owners are if moving towards fiat, then how they are doing it? By selling their BTC which means there is another party too exist which is buying BTC. So, try to remain positive. But, in the short time-span maybe after this slight pump of around $35k or $40k we might see BTC coming back to $29k or maybe lower. But chances for that is highly lower. So, we should be optimistic.

[Dr.Bitcoin_Strange]

Question to the esteemed public ! What is this ?

This is just business, I guess. With the situation of dedollarization and inflation, many investors, including those whales, would not want to exchange their Bitcoin for fiat and hold only fiat. This is because they know how they will be faced with the inflation rate and dedollarization. Even if they are going to sell off their huge amount of Bitcoin, the Bitcoin market will not have any new experiences that are worse than the past. It definitely will be what it used to be; the market will crash a bit, and before or after the halving, the market will still take a bull run. Perhaps this is not even a good price to sell off their Bitcoin; there is a bull market coming, which is when those whales can get more profit. By the way, I was reading a new article where they said the Federal government sold about 8,000 bitcoins (I can't remember correctly). just my opinion.

[Unbunplease]

This is just business, I guess. With the situation of dedollarization and inflation, many investors, including those whales, would not want to exchange their Bitcoin for fiat and hold only fiat. This is because they know how they will be faced with the inflation rate and dedollarization. Even if they are going to sell off their huge amount of Bitcoin, the Bitcoin market will not have any new experiences that are worse than the past. It definitely will be what it used to be; the market will crash a bit, and before or after the halving, the market will still take a bull run. Perhaps this is not even a good price to sell off their Bitcoin; there is a bull market coming, which is when those whales can get more profit. By the way, I was reading a new article where they said the Federal government sold about 8,000 bitcoins (I can't remember correctly). just my opinion.

It's likely that the whole cycle will repeat, but maybe it's designed that way so people will expect the cycle to repeat after the halving, whereas everything can happen before the halving. The whales are clearly frozen in anticipation. The hardest part is getting over the uncertainty, which is why many people can't stand it and sell their coins.

[Gozie51]

Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat

Moving into fiat or stable coin? I think the latter sounds more reasonable if those "ancient " wallet contained bitcoin and are now transferring to exchange then the logical analysis would be they either want to convert to stable coin to hodl in expectation that price will drop or that their big sells will eventually crash price while they are still hodling equivalent current price to sweep in more btc. I know another analysis could be selling to hodl in fiat but that may not visibly be certain because they fear inflation that is possibly hit the fiat and its value may not purchase as much btc if the crash happens. Just my thoughts anyway .

[Ziskinberg]

We can't keep all whales to stay in crypto, they can leave freely but guess what, many had come. So, it doesn't matter if they will leave crypto and sell their assets because it was not the end of the crypto space, some whales are buying it which is why we never see a huge impact on the price of Bitcoin.

It is to say that not all will stay forever in crypto, some could find another money multiplier. So I wasn't surprised this would happen, in fact, it happens already in the past years. I'd still be optimistic about the future of Bitcoin and the crypto space as it won't die too easily when there are still people who support this.

[Jating]

The whales stirred. What should we expect?

You should have known better mate, whales are our friend here.

- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

- again, you are legendary already, and you are a crypto enthusiast, so what will it be? obviously, I doubt that investors are moving to fiat
- no, this is just the start of Bitcoin era, when we hit 6 digits in the next bull run, those haters are going to be quite
- regulators have been here since 2017, seen the last great bull run in 2021, so I so they will just continue as long as crypto exists

[Johnyz]

Whales are dealing with a lot of financial opportunities so there’s a higher chance for them to leave the market and spend it somewhere else, but its hard to tell.

They might want to trade their BTC into altcoins or will use that funds to support their own projects. See, there’s a lot of possibilities here and remember when one whale leaves the market, the other whale will catch the market at a cheaper price and will take advantage of it.

[panganib999]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

Sales of large amounts of bitcoin doesn't necessarily mean that its value is going to plummet right then and there. There's multiple factors affecting the price of bitcoin and sale movement is just one of them. Plus for all we know, with the right process the act thereof of selling and trading bitcoin for other cryptocurrencies is a good thing too as it helps with improving the trade volume of bitcoin, which in itself is an important factor to its price. At the end of the day it's not like something as simple as this could topple bitcoin from its position or even worse kill the whole cryptocurrency world. Keep that in mind and stop getting FUD from people who don't know better of what's really going on within this industry.

[Asuspawer09]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

I mean the still the main goal of these whales is to earn a profit, I mean for sure most of the investor's goals are just to earn a profit, and the time will come that they will sell their bitcoin on the market that for sure, But this wasn't actually a bad thing since they are still investors and traders having whales have good and bad things as well, One of the things that they affect is they can probably affect the market movement because they own a huge volume of cryptocurrency or bitcoin, think about it if a group of whales plans to buy or sell a cryptocurrency or bitcoin if they start buying a huge amount of bitcoin at the same time that could easily pump the market, meaning they could easily manipulate it, if market price other investors is going to buy as well thinking that the price is starting to skyrocket but then when whales think that it is a good opportunity to profit already they will sell and drop there holding at the same time. I mean we all wanted fiat because that is what we can use to buy, but that doesn't mean that they are completely moving to fiat, because cryptocurrency is a form of investment so if there is a huge opportunity again they will continue to buy cryptocurrency again.

[BenCodie]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?

You should post references before you make conclusions that "ancient crypto wallets are coming to life". A lot of old wallets that have been recently posted have already been exposed...mostly relating to Mt. Gox, some relating to criminal cases, others are just small (relative to how much they actually effect the market) long-term holders coming back to claim their riches.

Nothing major has been discovered that has not already been publicized.

- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat

Actively moving to fiat? Not true either. Or at least, not provable. The only reason we are at $30k and why sentiment is pessimistic, is because of LUNA and FTX, and the chaos that followed. Otherwise, Bitcoin is healthier year on year. Otherwise, year on year growth and short term metrics only show more moving to Bitcoin, not the other way around.

- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?

Please. The end of the Bitcoin era? We are sitting on $30k, volume is higher year on year, liquidity is stronger, acceptance and adoption around the globe is only increasing.

- regulators have "gotten their way", cryptocurrency is losing support and interest ?

That's not true at all. Regulators are trying to find a medium where they can benefit from cryptocurrency without allowing another country to prosper more than them. It's a balance that they alone are trying to find and is not a problem at all for Bitcoin

- your version ?

This is how Bitcoin works. People store for a long period of time, they store value in Bitcoin. Additionally, you are missing the fact that a lot of these coins are lost forever on hard drives that are either irretrievable or owned by those who might very well be deceased.

[Dr.Bitcoin_Strange]

It's likely that the whole cycle will repeat, but maybe it's designed that way so people will expect the cycle to repeat after the halving, whereas everything can happen before the halving. The whales are clearly frozen in anticipation. The hardest part is getting over the uncertainty, which is why many people can't stand it and sell their coins.

Well, maybe the market can dip just a little or a lot before the halving can take place, but whatever it is, only a few investors can sell now, probably those newbie investors who have the use for their Invested funds or those who can sell out of panic depending on whether the price falls below what it is now. Since the cycle has just been there in history, the old and experienced will definitely hold for a better bull run before they can sell and probably hold in fiat for another bear market so they can re-buy.

[superman184]

Whales are dealing with a lot of financial opportunities so there’s a higher chance for them to leave the market and spend it somewhere else, but its hard to tell.

They might want to trade their BTC into altcoins or will use that funds to support their own projects. See, there’s a lot of possibilities here and remember when one whale leaves the market, the other whale will catch the market at a cheaper price and will take advantage of it.

This can indeed happen in the market alternately from one pope to another, because indeed not all whales move simultaneously in the market or simultaneously in terms of selling and also in terms of buying something. So that we can still see the level of price balance that continues to occur in the market because as you said that when one of the whales releases his assets into the market at a cheaper price with a specific purpose for something else, the other whales will not stay silent to immediately take it so that prices will remain in a better area.

[BIT-BENDER]

Since OP doesn't include any link on the main post, I try to search on google about the recent crypto whale wallet movement, and all I can find is this article. Based on that article there the crypto whale(s) was releaseing ETH and LTC, the amount is more than 100M so it is huge amount. It should be impactful, but I don't think it will end the crypto or bitcoin era. 

We are not considering the fact that this whales if they wanted to actually sell off they would have done that when the last all time high was reached or they would have waited to the next all time high, we can not be sure the total amount of crypto-currency a whale has and 100, million is definitely a big sum of money but still a whale can have more than that, if they choose to withdraw that amount doesn't mean they can't reenter again.

Bitcoin and crypto-currency has gone beyond going out of existence because of hundreds of millions was withdrawn, also let's not forget the whales game to create panic that the market is going down just to drop the price and then panic sellers sells of just to come back again to buy when the price goes up. It's a strategy that has been used regularly to control the market.

[ScamViruS]

It's hard to know if Whale's wallet sending funds to the exchange meant he sent those coins with the intention of selling them. Whales are smart enough to know how to use their funds, and they know how to generate profit from it. The purpose of this transfer could be that this whale deposited the funds in the exchange to trade in the altcoin, could be anything but we can only speculate.

And the most important thing is that once a whale sells all its coins and exits the market, there are thousands more whales sitting here to take entry to the market. So if someone sells, the other side has more whales to buy this coin. There is no point in creating FUD by looking at such a transection, you are questioning the future of the crypto currency market based on a transection!

[summonerrk]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

I don't understand people who are always trying to track the movement of crypto funds on large wallets. And even more so, I did not understand when the news feeds of crypto communities begin to write about every movement of cryptocurrencies on whale accounts. I consider this useless news. I recently read articles about the correlation of crypt movements on accounts and the price of cryptocurrencies, and in particular bitcoin, and I want to say that the author of the article came to the conclusion that there is no correlation. You can understand the logic of the guys watching the wallets - big money can create huge volumes on the exchanges, and move prices accordingly.
But this is an empty occupation, from which it is impossible to benefit.

[Fiatless]

It's hard to know if Whale's wallet sending funds to the exchange meant he sent those coins with the intention of selling them. Whales are smart enough to know how to use their funds, and they know how to generate profit from it. The purpose of this transfer could be that this whale deposited the funds in the exchange to trade in the altcoin, could be anything but we can only speculate.

And the most important thing is that once a whale sells all its coins and exits the market, there are thousands more whales sitting here to take entry to the market. So if someone sells, the other side has more whales to buy this coin. There is no point in creating FUD by looking at such a transection, you are questioning the future of the crypto currency market based on a transection!

None of us are sure of the reason for this sale, all we can do is to speculate. It is possible that these whales have gotten to their projected profit margin and they want to sell and make gains. And other whales want to buy at the current price because they are targeting the halving season. It is also possible that these coins are bought by some of the firms that applied for spot Bitcoin ETF approval in the US.

There is also a general belief that altcoins give more profit than Bitcoin. So these whales may be diversifying to altcoins believing that as the price of bitcoin gains during the halving period, these altcoins will gain triple or even more profit. It is also possible that some of these coins were moved because of strict regulations. Recently Kuwait banned crypto activities, so many investors will have to move their investments to avoid sanctions.

We can keep giving more reasons because we don't know the reason for the movement of these crypto assets.

[Jatiluhung]

I might look more at the version where long inactive wallets are suddenly activated to create panic in the market. And maybe it has worked for people who don't have strong enough hands to hold onto their Bitcoins much longer. But actually there will be many other reasons about this. It may indeed be for sale. or it could also be distributed to new wallets or it could even have started to be moved for security reasons and other things. So yes, speculation about this will indeed continue to develop according to each version.

But we also have to consider the timing of the old wallet move with the positive news that actually points to a positive future for bitcoin after the SEC approved several of the world's largest companies to launch Bitcoin Spot ETFs.

[davis196]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

The only thing I could think of while reading your forum post is the fact that you are spreading FUD.
Proclaiming "the end of Bitcoin era" just because some whale had moved his coins sounds like unnecessary drama and panic to me.
The Bitcoin price had dropped down to 29K after being above 30K for more than one week. Going down by 1K USD isn't such a big deal for Bitcoin. It's obvious that there isn't enough support for a price pump to 35K-40K and that's why many Bitcoiners will sell at 30K(which isn't something bad). The summer months had always been a sluggish period for the Bitcoin market.
The crypto whales can do whatever they want with their coins. They can move them or sell them, we can't stop them from doing so.

[Darker45]

Speaking of this, just mere hours ago I've read that more than a thousand coins have awakened after 11 years of hibernation. It is worth $31 million. But I don't think the reason for this is any of the enumerated possibilities in the OP. It seems all the possible reasons cited in the OP are negative. The movement is possibly just a mere transfer to a SegWit address of a new wallet.

Just a month ago, there was also a movement of 1,400BTC, worth around $36 million, after a decade of dormancy. It seems the reason is also none of the ones mentioned in the OP as it seems it is primarily for the sake of privacy because it was moved to a P2TR address.

I don't think we are approaching the end of crypto or Bitcoin era and old whales are moving to fiat. Adoption is fast growing. Demand is rising. Supply on exchanges is draining. The future of Bitcoin is bright.

[YUriy1991]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

I don't think this is a compelling reason for the end of the Bitcoin era. If they do, I think it's only natural. So, the question now is, why should they now activate it for so long at the current price, not when the highest ATH was in November 2021 by the owner?

Well, regarding what we expect now, of course the same. The market is excited again and the demand for BTC is increasing even though the current conditions are less enthusiastic and weaker.

[bestcoins1]

I don't think this is a compelling reason for the end of the Bitcoin era. If they do, I think it's only natural. So, the question now is, why should they now activate it for so long at the current price, not when the highest ATH was in November 2021 by the owner?

What is the meaning of the highest ATH in November 2021 by the owner? Because I also do not understand the question you asked. For me the Bitcoin era is not over yet and will continue to be better every year, and the possibility of Bitcoin to make ATH again is also there as long as buyers can continue to increase with the level of selling in large quantities to be less.

Well, regarding what we expect now, of course the same. The market is excited again and the demand for BTC is increasing even though the current conditions are less enthusiastic and weaker.

Now Bitcoin is down to $29K again and I still think it's not bad as it's only a few percent of the $30K price. That means Bitcoin still has a lot more chance to pass $30K back in this year if the market conditions can keep up with the excitement of new buyers coming into the market. I also hope that Bitcoin will not weaken in terms of price again in the next year.

[dezoel]

Why is it necessary for us to give it such an extreme outcome? Can't we just think that it might be someone from the beginning who bought a bunch of Bitcoins and held them until now and is now trying to sell some of it? I don't see how that will end the era of Bitcoin or cryptocurrencies. It is not like they are selling millions of Bitcoins at once, and on top of that, it is just some more Bitcoins coming into circulation after being locked for years.

We all do move from crypto to fiat and vice versa, so why can't a whale do the same? I know that the amount of money that they use is usually significantly high, but it shouldn't be an issue for the overall market, let them do some manipulation and we will ride the tide along with them, as long as we are not panic sellers, we should be good.

[DrBeer]

We can just make an assumption because there's no proof if the owner sold all of their coins and withdraw it in fiat, what we know is the owner move his old coins, that's all.

No, I don't think they sold because they're moving to fiat, Bitcoin and fiat are completely different, they should have sold their coins before if they not trust in Bitcoin.

No, not the end of Bitcoin era. Maybe diversification or something else.

The tightening laws about cryptocurrency shouldn't make them get rid off from Bitcoin because there's a way to exchange and cash out without KYC.

If we carefully read the information about the movement of assets on the whales' wallets, we will realize that these are not just moves, but moves specifically on the MARKETS. People transfer assets to exchanges for what? Right - to sell or buy for one asset, another asset. Therefore, I, with high probability and assume 2 options - sale and exit to fiat (perhaps something know) or a global change of the "leader of the crypto world", other options explaining the transfer of huge amounts of bitcoins and assume I can not assume. In this case, the option "they just transferred" - I do not consider, because it is absolutely allogical.

[sana54210]

I might look more at the version where long inactive wallets are suddenly activated to create panic in the market. And maybe it has worked for people who don't have strong enough hands to hold onto their Bitcoins much longer. But actually there will be many other reasons about this. It may indeed be for sale. or it could also be distributed to new wallets or it could even have started to be moved for security reasons and other things. So yes, speculation about this will indeed continue to develop according to each version.

But we also have to consider the timing of the old wallet move with the positive news that actually points to a positive future for bitcoin after the SEC approved several of the world's largest companies to launch Bitcoin Spot ETFs.

That's such a weak reason to sell though, I mean people who sell because of something like that always confuses me. You should be able to do something proper and you need to do a good amount of holding before you could profit. If you think some inactive wallet end up becoming active is good enough reason to sell, then you are not going to profit that easily and that's going to cause a lot of trouble for you.

I believe that the best thing in this case is to make sure you are profiting based on what you can profit on, and that's important. I know that it is going to take some time before we get used to these wild moves, and wild news, but we need to learn to control our emotions against these things if we want to profit.

[Jatiluhung]

I might look more at the version where long inactive wallets are suddenly activated to create panic in the market. And maybe it has worked for people who don't have strong enough hands to hold onto their Bitcoins much longer. But actually there will be many other reasons about this. It may indeed be for sale. or it could also be distributed to new wallets or it could even have started to be moved for security reasons and other things. So yes, speculation about this will indeed continue to develop according to each version.

But we also have to consider the timing of the old wallet move with the positive news that actually points to a positive future for bitcoin after the SEC approved several of the world's largest companies to launch Bitcoin Spot ETFs.

That's such a weak reason to sell though, I mean people who sell because of something like that always confuses me. You should be able to do something proper and you need to do a good amount of holding before you could profit. If you think some inactive wallet end up becoming active is good enough reason to sell, then you are not going to profit that easily and that's going to cause a lot of trouble for you.

I believe that the best thing in this case is to make sure you are profiting based on what you can profit on, and that's important. I know that it is going to take some time before we get used to these wild moves, and wild news, but we need to learn to control our emotions against these things if we want to profit.

Maybe for those of us who get into Bitcoin after going through a lot of research and long analysis before making a decision, of course we will be surprised to see how weak hands sell bitcoin in panic due to being influenced by fud news, or because of the movement of large amounts of bitcoin transactions that enter the exchange which at first glance looks to be sold. Although in reality maybe it could have been done to manipulate the market to create panic for traders and weak hands.

Those of us who are prepared to store bitcoin for the long term will certainly not be too affected by any price movements in the market which can only have an impact on short and medium term price movements. Because we have prepared ourselves to be strong in saving for the next few years. And don't mind every fud that pops up along the bitcoin journey.

But regarding the movement of wallets that have been inactive for a long time and suddenly become active, it is worth paying attention to those who are used to trading in the short and medium term. because my friend who is a day trader also often observes and analyzes big movements like this. Because he said this could also be an indicator in seeing and predicting the next market movement. he also observes bots like whalesAlert from time to time so that when big movements occur he won't miss the moment.

[DrBeer]

The only thing I could think of while reading your forum post is the fact that you are spreading FUD.
Proclaiming "the end of Bitcoin era" just because some whale had moved his coins sounds like unnecessary drama and panic to me.
The Bitcoin price had dropped down to 29K after being above 30K for more than one week. Going down by 1K USD isn't such a big deal for Bitcoin. It's obvious that there isn't enough support for a price pump to 35K-40K and that's why many Bitcoiners will sell at 30K(which isn't something bad). The summer months had always been a sluggish period for the Bitcoin market.
The crypto whales can do whatever they want with their coins. They can move them or sell them, we can't stop them from doing so.

Let's not accuse me of FUD
No, I'm not spreading panic, or raising the hype. But at the same time I know that there are no unreasonable big movements on the market.
About the end of the crypto era - here I agree - I overreacted
I still think that there are some "signals" that will probably just correct the market in today's situation, or maybe just "move" assets to more stable and profitable ones.

[Ucy]

Probably wise investors preparing for an upcoming short period of bear market. But the bear won't take charge yet until Bitcoin crosses 32000. For now the Bull remains in full control.

Meanwhile let's continue to watch to see who other traders obey before we make our final move... Bitcoin Master or B'rock?

[Adbitco]

First I would like to get the information about the wallet or the site where you got your data from. Then to answer yours questions, we must know that bitcoin is just like fiat we know anyone may decide to withdraw out millions of dollars through by their investment and we have no authority to question and query them about their decision to withdraw such amount.

In as much they had access to the wallet and the bitcoin belongs to them you and I cannot stop them from taking whatever action they have decided. Besides, I haven't seen any signs to justify that bitcoin is going to be erased or dying soon, we must know that bitcoin has came to stay and no matter any pressure from government or any authority it won't affect bitcoin rather the regulatory body's would only attack exchange and some centralized coins out there not bitcoin.

[Doan9269]

Probably wise investors preparing for an upcoming short period of bear market. But the bear won't take charge yet until Bitcoin crosses 32000.

Are you saying this base on your personal view or it's what you actually red about somewhere, i think I may guess maybe you're aiming a particular trade in which $32,000 is your target price you're waiting to get, well let's not be sentimental here, bitcoin is definitely approaching the bull season but gradually, there's more possibilities that the market will make more bull and amidst this also we shall be having a bear experience alongside till we arrived at the ATH of $68,000 and beyond during next year major event, so for now we should be expecting the both bear and the the bull gradually while the market for each day will give more clue on the speculation made on the chart weekly candles.

For now the Bull remains in full control.

We aren't yet in the bull market fully, we are just observing the trend to how this will be getting unfolded sooner or later, but the assurance is that we are going next after this into the bull season.

[Mpamaegbu]

Probably wise investors preparing for an upcoming short period of bear market.

In the past I would've speedily concluded that was the situation and such investors knew what they were doing. Then I used to believe these investors must've seen a dump coming and decided to cash out momentarily. However, recent events have proved this to be false. Most whales just want to shake off shrimps and planktons from the market so they can buy more. They cause the panic sell so they can buy from weak hands. It's not necessarily because there's a fundamental causing a dump.

[lixer]

The only thing I could think of while reading your forum post is the fact that you are spreading FUD.
Proclaiming "the end of Bitcoin era" just because some whale had moved his coins sounds like unnecessary drama and panic to me.
The Bitcoin price had dropped down to 29K after being above 30K for more than one week. Going down by 1K USD isn't such a big deal for Bitcoin. It's obvious that there isn't enough support for a price pump to 35K-40K and that's why many Bitcoiners will sell at 30K(which isn't something bad). The summer months had always been a sluggish period for the Bitcoin market.
The crypto whales can do whatever they want with their coins. They can move them or sell them, we can't stop them from doing so.

Let's not accuse me of FUD
No, I'm not spreading panic, or raising the hype. But at the same time I know that there are no unreasonable big movements on the market.
About the end of the crypto era - here I agree - I overreacted
I still think that there are some "signals" that will probably just correct the market in today's situation, or maybe just "move" assets to more stable and profitable ones.

You definitely overreacted about the crypto era reaching an end, no matter how much whales sell their assets or move them here and there, that won't make cryptocurrencies reach the end of the era, the market will surely react to it and there will be corrections every now and then, that is how the cryptocurrency market generally works, I don't think that we need to be worried about that, there will be no fun if there are no corrections and movements.

The reason why cryptocurrencies are profitable is that they move up and down if they become stable, no coins are moved in and out of the market, there will be no profits for anyone, there will be no bear and bull seasons, and everything will be boring, and I'm sure no one would want to see that happening.

[serveria.com]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

That's BS. It's clear as day that you're spreading FUD here. And it's also clear that's not just for fun or because you really think so. You are being guided by someone. So, Mr. Sockpuppet, I think I know who your owners are (judging by some other stuff you post here).

Perfect timing btw, you were waiting for a minor price setback to spread your FUD. Noobs are selling like crazy atm.

That's my version. 

[landheer]

I think things like this are normal because I think what the whales might do is a strategy so they can buy more btc from the bottom price, so in my opinion in this case we shouldn't panic.
and in my opinion if people sell a lot of btc that is their right, but in my opinion now is not the right time to sell btc because the market can still be called a bear market or you can call it now the market is in recovery, because the right time to sell is when the market is bull.

I don't think this is the end of crypto.

[Oasisman]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

Definitely not the end of anything for bitcoin and nope I don't think these whales are moving to fiat, especially now that bitcoin and other top alts are gaining momentum, as it is gradually increasing in value every year. So, nope!
Even if these whales are massively selling their bitcoin, as long as their are buyers, bitcoin will not gonna end nor bring it's value to zero. Basic supply and demand. But then again, nope they are not actually selling, I'm kind of positive of that - they're just simply moving.
Regulators? nope, they are targeting exchange. Whales has it's way to conceal all their crypto asset. They can do it with fiat, how much more in crypto?
Basically, I dont think these whales are dumb enough to leave bitcoin at this level. We all know bitcoin has yet to reach even at the middle of it's full capacity based on the global adoption. Bitcoin staying at the 29k-30k as the lowest point is like telling us what's ahead.

[uswa56]

I think things like this are normal because I think what the whales might do is a strategy so they can buy more btc from the bottom price, so in my opinion in this case we shouldn't panic.
and in my opinion if people sell a lot of btc that is their right, but in my opinion now is not the right time to sell btc because the market can still be called a bear market or you can call it now the market is in recovery, because the right time to sell is when the market is bull.

I don't think this is the end of crypto.

It's true that whales can use certain strategies to buy more Bitcoin at a lower price, and it's everyone's right to sell Bitcoin, but the current market situation needs to be considered before making a selling decision.

Crypto price movements are very volatile and prices can change quickly, therefore making all possibilities possible to happen, so those of us who have known this and have known Bitcoin for a longer time might be wise in reacting to it.
I also never thought that this was the end of crypto, what happened was very natural.

[Silberman]

Definitely not the end of anything for bitcoin and nope I don't think these whales are moving to fiat, especially now that bitcoin and other top alts are gaining momentum, as it is gradually increasing in value every year. So, nope!
Even if these whales are massively selling their bitcoin, as long as their are buyers, bitcoin will not gonna end nor bring it's value to zero. Basic supply and demand. But then again, nope they are not actually selling, I'm kind of positive of that - they're just simply moving.
Regulators? nope, they are targeting exchange. Whales has it's way to conceal all their crypto asset. They can do it with fiat, how much more in crypto?
Basically, I dont think these whales are dumb enough to leave bitcoin at this level. We all know bitcoin has yet to reach even at the middle of it's full capacity based on the global adoption. Bitcoin staying at the 29k-30k as the lowest point is like telling us what's ahead.

I agree, you do not get to become a whale by leaving before the party even starts, the bull market is coming and more than anyone they should know this as we are talking about whales which have been around for a long time, why sell now? At most I think this is some kind of maneuver to manipulate the market to their convenience, so it is possible they are making those movements knowing some people may panic and the price of bitcoin could go down, and then they could take advantage of it.

[DrBeer]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

That's BS. It's clear as day that you're spreading FUD here. And it's also clear that's not just for fun or because you really think so. You are being guided by someone. So, Mr. Sockpuppet, I think I know who your owners are (judging by some other stuff you post here).

Perfect timing btw, you were waiting for a minor price setback to spread your FUD. Noobs are selling like crazy atm.

That's my version.  

Considering your past posts on many topics, expecting anything intelligent from you is very silly 
And as is your custom - you try to put your fantasies into someone else's mouth, and then pass them off as the words of your opponent, and use them to make "accusations". Or you just have a very scattered attention span .... Or just a habit of constantly lying and trying to manipulate information... Or all of the above The reason for the post is that at the time it was published, whale wallets were suddenly activated and made large transactions to exchange wallets.  I understand - the truth is very uncomfortable for you, but it is a fact - the post is about the sudden and massive movement of bitcoin from whale wallets to the exchange, and the rest is your fantasy .
Maybe you can refute the fact of movement of funds from whale wallets to the exchange ?

[eightdots]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

No, I don't think it will end the bitcoin era and cryptocurrencies era but rather shift the money towards asset class like stocks, pressure metals and real estate. If you're here long enough you'll notice that this kind of stuff happens regularly so it shouldn't be much of a concern.

Yes, no need to worry. These types of wallets come into action in every period. No one knows for what purpose these wallets act. Only after doing something can we have an idea.

For Bitcoin, this is not a negative situation. This has happened many times before. Meanwhile, people are talking about 25k and saying that the price will drop, but everyone is guessing, no one knows what will actually happen.

In such cases, I think the price of bitcoin will drop a little. But this happens all the time, so it's nothing to worry about.

[Afnan_faizah]

All people wants profit, some people like me will sell bitcoin at highest price then buy bitcoin again at lower price. it is normal, also it is a good sign which means bitcoin price will rise soon thats why they are preparing for that. the number of bitcoin adoption is still growing, there are more people who use cryptocurrency for their transaction. I think people will not sell btc only for fiat, it is not so smart decision. it is better to save bitcoin rather than fiat. maybe those whales want to invest in some business, who know?.

[kryptqnick]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

If there are some wallets that have a lot of BTC in them that hasn't been moved for a while, it doesn't mean that these wallets belong to some rich investors. These can be wallets of exchanges, crypto casinos etc, holding most of the money of their customers. Also, if there's a transaction, it doesn't mean that BTC is being sold (it's just one possibility). Moreover, if 'a whale' wants to sell BTC, I think it will probably be done via an OTC deal, which won't really affect the market much. Dumping a big amount of coins onto an exchange and trying to fill a huge order is just harder, likely to attract attention and cause unnecessary issues.
So to me, this doesn't mean anything, and I don't expect any effect on the market.

[Peanutswar]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

Currently, there's no assurance that the whales make a move right now of course who wants to make public with the movement they want so surly there's market manipulation currently there are a lot of sleeping wallets right now, and no idea if those wallets address are already forgotten or not or just waiting for the all-time high again to take profit. Reason why people are scared of that wallet is because if the whales want to sell their bitcoin surely those holders were getting FOMO and cause of the market crash but if you are an investor this could be a good opportunity to you. For me its not ideal to check the wallets of this whales every time this just a waste of time better to focus on your trades and investment, its part of the volatility.

[Wimex]

That seems really far fetched assumptions about the Bitcoin. Though you have not provided any source regarding the movement of such Bitcoin assets or older wallets are getting touched. Let us assume that this is a hypothetical situation where all the whales are touching their wallets for some reason then it could be anything from getting ready for the next halving or it could be just they are getting their funds transferred securely to another wallet. It could be just refresher movement and nothing much. It doesn’t mean we have to get so much worried about it. Just keep calm and keep our Bitcoins hang tight.

Of all the possible reasons why the whales may be making these movements the one i consider most reasonable would be this:

from preparing for the next halving or simply transferring your funds safely to another wallet

These large investors who managed to accumulate huge amounts of bitcoin may be taking their forecasts to make their next move at the moment the long-awaited halving occurs, but to do so they must have their current assets safely, since both time keeping those bitcoin in a single wallet may be causing them insecurity, who knows, maybe they noticed something strange that could affect their capital, and for this reason they seek to protect their assets in another that gives them the same confidence that once gave them the that they previously used. For me, this would be the most accurate assumption, because...it really doesn't make sense that they want to switch to Fiat from one moment to the next, with the hope that bitcoin will move upward at any moment, but, anyway, you should have more information to know for sure what is happening.

[Texac]

I think people will not sell btc only for fiat, it is not so smart decision. it is better to save bitcoin rather than fiat.

If you are in need of money for everyday needs and emergencies, there is nothing wrong with selling your bitcoins.  Furthermore, bitcoin is an investment, it is not a stable asset that can be called savings.  if your asset is bitcoin which means you are investing, and it can give you profit but also make you loss.  in my opinion it would be more stupid if you put all your money in bitcoin without any savings.

[DrBeer]

Currently, there's no assurance that the whales make a move right now of course who wants to make public with the movement they want so surly there's market manipulation currently there are a lot of sleeping wallets right now, and no idea if those wallets address are already forgotten or not or just waiting for the all-time high again to take profit. Reason why people are scared of that wallet is because if the whales want to sell their bitcoin surely those holders were getting FOMO and cause of the market crash but if you are an investor this could be a good opportunity to you. For me its not ideal to check the wallets of this whales every time this just a waste of time better to focus on your trades and investment, its part of the volatility.

I partially agree with you. But every action has a reason. And for what purpose at one moment "wallets came to life", and the funds frozen on them suddenly moved to the exchanges - this is a question ? The variant of global manipulation being prepared is also quite realistic.  That is why it is interesting to hear the opinion of the honorable audience of the forum, what assumptions can be ?

If there are some wallets that have a lot of BTC in them that hasn't been moved for a while, it doesn't mean that these wallets belong to some rich investors. These can be wallets of exchanges, crypto casinos etc, holding most of the money of their customers. Also, if there's a transaction, it doesn't mean that BTC is being sold (it's just one possibility). Moreover, if 'a whale' wants to sell BTC, I think it will probably be done via an OTC deal, which won't really affect the market much. Dumping a big amount of coins onto an exchange and trying to fill a huge order is just harder, likely to attract attention and cause unnecessary issues.
So to me, this doesn't mean anything, and I don't expect any effect on the market.

It's not out of the question. But the question is why do you need to withdraw to the exchange if you are not going to sell or exchange such volumes of bitcoin? Provided that to store it on the exchange, which is subject to quite a powerful pressure ?
In short - consider all options and ideas

[serveria.com]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

That's BS. It's clear as day that you're spreading FUD here. And it's also clear that's not just for fun or because you really think so. You are being guided by someone. So, Mr. Sockpuppet, I think I know who your owners are (judging by some other stuff you post here).

Perfect timing btw, you were waiting for a minor price setback to spread your FUD. Noobs are selling like crazy atm.

That's my version.  

Considering your past posts on many topics, expecting anything intelligent from you is very silly 
And as is your custom - you try to put your fantasies into someone else's mouth, and then pass them off as the words of your opponent, and use them to make "accusations". Or you just have a very scattered attention span .... Or just a habit of constantly lying and trying to manipulate information... Or all of the above The reason for the post is that at the time it was published, whale wallets were suddenly activated and made large transactions to exchange wallets.  I understand - the truth is very uncomfortable for you, but it is a fact - the post is about the sudden and massive movement of bitcoin from whale wallets to the exchange, and the rest is your fantasy .
Maybe you can refute the fact of movement of funds from whale wallets to the exchange ?

No, you really ARE retarded. I'm not going to refute the fact the coins have moved. Because it's a fact. Unlike your apocalyptic hypotheses of crypto or BTC going to zero.

[Stedsm]

My version would be:
They're taking out their profits just like every other investor out there, so I believe there's nothing wrong in doing that. If such movements are taking place, I think they'll most probably be done outside exchanges (through OTC dealings) in order to avoid hassle of paying taxes or trying not to get under the radar by getting caught in the eyes of governmental authorities. However, it could also be something like you said that they might be investing into something else (maybe dark coins like XMR or something else I don't know) and so they're moving out their coins in order to increase their wealth through other ways, who knows!

[Cookdata]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

Could be that they know something that we don't know, you never can tell you know. If you have large chunk of BTC stored somewhere you invested some years back and have gained 6000x from when the price was around $4.3, they will always have Intels the public don't have because, look at again, why sell now instead of selling when the price was around $50k when they would have made more millions of dollars instead of selling them now and they could have also waited for the new coming bull run, it will so easy to exit the market without causing much drama, I still think they may no something we don't have at hand.

Looking at it from another angle. What if the owner of the coin has health issues and tried to use his investment for treatment, what if the person is giving up soon and want to have his money donated to charity, what if the person suddenly become broke and then sell to recover his normal life, these are the questions that prompted from your questions. Whatever the reasons of the owner are, I hope it favour bitcoin market.

[AmoreJaz]

My version would be:
They're taking out their profits just like every other investor out there, so I believe there's nothing wrong in doing that. If such movements are taking place, I think they'll most probably be done outside exchanges (through OTC dealings) in order to avoid hassle of paying taxes or trying not to get under the radar by getting caught in the eyes of governmental authorities. However, it could also be something like you said that they might be investing into something else (maybe dark coins like XMR or something else I don't know) and so they're moving out their coins in order to increase their wealth through other ways, who knows!

i believe, we should not overthink on this. for all we know, they are just selling their btc because they want it and they need fiat money. we are only speculating here for reasons that we have no control of.
so instead of getting a headache thinking why they are selling their stash, much better if you will take care of your own business and find ways how to improve your portfolio.

[Gallar]

~Snip

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin.

In my estimation, these whales are clearly bitcoin investors who have been hoarding bitcoins for a long time, and maybe only now have they opened the wallet after all this time, to take advantage of the bitcoin assets they have. Because the bitcoin market will soon face a bull run and the whales, start sending their bitcoin assets to the exchange, in preparation for selling them when the bull market starts. Most likely, the reason the whales started moving, was probably because of that factor.

The whales stirred. What should we expect?

What I hope is that I can take full advantage of the movement of the crypto market caused by these whales. Because usually, when the whales start moving, usually the crypto/bitcoin market movement will definitely soar up quickly. So it is at this time that we must be able to quickly take advantage of the rising market movement, by selling the rising crypto/bitcoin asset, quickly. Because if you don't hurry, I'm afraid the whales will sell their assets faster, and we will be left behind, because surely the market movement will go down again, when the whales have succeeded in selling all their crypto or bitcoin assets. So maybe at that time, we have to be ready and fast in selling our crypto assets (crypto assets that are on the rise).

[Vishnu.Reang]

If a large number of early investors are selling their coins, then it means that they are not feeling optimistic about the future of bitcoin. This may be due to a number of reasons. First of all we are witnessing increase in regulation from the governments. Also, the interest from institutional investors seems to be declining. Moreover, the prices have remained flat for the last few months. A lot of the old generation investors have decided that they need to sell at least a part of their coin holdings.

[justdimin]

If we carefully read the information about the movement of assets on the whales' wallets, we will realize that these are not just moves, but moves specifically on the MARKETS. People transfer assets to exchanges for what? Right - to sell or buy for one asset, another asset. Therefore, I, with high probability and assume 2 options - sale and exit to fiat (perhaps something know) or a global change of the "leader of the crypto world", other options explaining the transfer of huge amounts of bitcoins and assume I can not assume. In this case, the option "they just transferred" - I do not consider, because it is absolutely allogical.

I agree that most of the time that could be the reason, there are few niche reasons like people just changing wallets, which they may do via an exchange because they do not want to be followed, and that makes sense fully, but I understand why people would think that it would be to do a move on the market.

However, nowadays there aren't really that much wild volatility that is going around enough to make selling or even buying make sense just yet. I understand when the market is moving hectically it could lead whales make moves, but when its this silent and just stagnating at one price, I do not think that whales have any reason to make big moves. They might, but it is not changing anything right now as we can see.

[WatChe]

It's really hard to see what the whales are doing right now. We are still in the middle of the bull run, so it doesn't make sense for them to sell?
Perhaps they are just moving it to a more secure bitcoin addresses or something and not necessarily that they are going to sell or not.
If they are selling after holding it for many years, then I would say that it is the wrong decision. I mean they have been holding it for years and then suddenly they will liquidate it? For me it's a stupid and bad moved.

There are so many questions about moment of such sleeping bitcoins. It may be someone (hacker) got control of the wallet and is forwarding these bitcoins to his wallet or may be whale is transferring bitcoin to his other wallet. Best time to cash out such bitcoins that were bought 10 years ago was in 2011 when bitcoin was touching 67k. Its hard to believe that someone waited 10 years to sell bitcoin in such market.

[DrBeer]

~Snip

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin.

In my estimation, these whales are clearly bitcoin investors who have been hoarding bitcoins for a long time, and maybe only now have they opened the wallet after all this time, to take advantage of the bitcoin assets they have. Because the bitcoin market will soon face a bull run and the whales, start sending their bitcoin assets to the exchange, in preparation for selling them when the bull market starts. Most likely, the reason the whales started moving, was probably because of that factor.

The whales stirred. What should we expect?

What I hope is that I can take full advantage of the movement of the crypto market caused by these whales. Because usually, when the whales start moving, usually the crypto/bitcoin market movement will definitely soar up quickly. So it is at this time that we must be able to quickly take advantage of the rising market movement, by selling the rising crypto/bitcoin asset, quickly. Because if you don't hurry, I'm afraid the whales will sell their assets faster, and we will be left behind, because surely the market movement will go down again, when the whales have succeeded in selling all their crypto or bitcoin assets. So maybe at that time, we have to be ready and fast in selling our crypto assets (crypto assets that are on the rise).

If we carefully read the information about the movement of assets on the whales' wallets, we will realize that these are not just moves, but moves specifically on the MARKETS. People transfer assets to exchanges for what? Right - to sell or buy for one asset, another asset. Therefore, I, with high probability and assume 2 options - sale and exit to fiat (perhaps something know) or a global change of the "leader of the crypto world", other options explaining the transfer of huge amounts of bitcoins and assume I can not assume. In this case, the option "they just transferred" - I do not consider, because it is absolutely allogical.

I agree that most of the time that could be the reason, there are few niche reasons like people just changing wallets, which they may do via an exchange because they do not want to be followed, and that makes sense fully, but I understand why people would think that it would be to do a move on the market.

However, nowadays there aren't really that much wild volatility that is going around enough to make selling or even buying make sense just yet. I understand when the market is moving hectically it could lead whales make moves, but when its this silent and just stagnating at one price, I do not think that whales have any reason to make big moves. They might, but it is not changing anything right now as we can see.

I will answer two authors at once, the questions are close.

No one excludes preparation for a bullish trend. To place orders without haste and be ready for a sharp rise. And the explanation here is quite logical - at the beginning of the bull market, a lot of small transactions will be created, "home investors", which will again make the network slow and expensive, in terms of transaction cost.  Also quite a logical explanation of what is happening, why not !?!?
It will be necessary to look deeper into the analytics of "whale" wallets, if they "fell" from the last peak of 60k dollars, it can be seen as a preparation for a new and significant growth of bitcoin !

[DrBeer]

No, you really ARE retarded. I'm not going to refute the fact the coins have moved. Because it's a fact. Unlike your apocalyptic hypotheses of crypto or BTC going to zero.

Read your post:

That's BS. It's clear as day that you're spreading FUD here. And it's also clear that's not just for fun or because you really think so. You are being guided by someone. So, Mr. Sockpuppet, I think I know who your owners are (judging by some other stuff you post here).

Perfect timing btw, you were waiting for a minor price setback to spread your FUD. Noobs are selling like crazy atm.

That's my version.  

Then read this something that is a little higher, your own writings:

And now let's think - what diagnosis from psychiatry would suit here best? I am not a specialist in mental disorders - I will leave you the right to choose the name of the diagnosis that is most pleasant to you  
With pleasure I will continue the dialogue with you when adequacy and something logical and reasonable return to your posts. I'm not losing hope in this set of circumstances

PS I have an assumption that against the background of the main problem, you develop a lack of communication, and you are trying to at least somehow attract attention to yourself ...

[bitLeap]

It's really hard to see what the whales are doing right now. We are still in the middle of the bull run, so it doesn't make sense for them to sell?
Perhaps they are just moving it to a more secure bitcoin addresses or something and not necessarily that they are going to sell or not.
If they are selling after holding it for many years, then I would say that it is the wrong decision. I mean they have been holding it for years and then suddenly they will liquidate it? For me it's a stupid and bad moved.

There are so many questions about moment of such sleeping bitcoins. It may be someone (hacker) got control of the wallet and is forwarding these bitcoins to his wallet or may be whale is transferring bitcoin to his other wallet. Best time to cash out such bitcoins that were bought 10 years ago was in 2011 when bitcoin was touching 67k. Its hard to believe that someone waited 10 years to sell bitcoin in such market.

When something that has been sleeping for years and comes back from sleep, then there will be a lot of speculation about this, we just see now how much speculation about this, starting from them going to sell bitcoin or something more than that. But I was thinking something like this, which is that they want to heat up the conversation about those who do that. Of course there will be 2 groups that will respond, one group will be happy because maybe it's a signal from the "whales" who might come in again with larger amounts, and the other group they will panic because they think negatively, as mentioned earlier.
But for us, I especially will not think negatively about this, I will stick to the path that I set out at the beginning.

[flyingcarpet]

It's really hard to see what the whales are doing right now. We are still in the middle of the bull run, so it doesn't make sense for them to sell?
Perhaps they are just moving it to a more secure bitcoin addresses or something and not necessarily that they are going to sell or not.
If they are selling after holding it for many years, then I would say that it is the wrong decision. I mean they have been holding it for years and then suddenly they will liquidate it? For me it's a stupid and bad moved.

There are so many questions about moment of such sleeping bitcoins. It may be someone (hacker) got control of the wallet and is forwarding these bitcoins to his wallet or may be whale is transferring bitcoin to his other wallet. Best time to cash out such bitcoins that were bought 10 years ago was in 2011 when bitcoin was touching 67k. Its hard to believe that someone waited 10 years to sell bitcoin in such market.

When something that has been sleeping for years and comes back from sleep, then there will be a lot of speculation about this, we just see now how much speculation about this, starting from them going to sell bitcoin or something more than that. But I was thinking something like this, which is that they want to heat up the conversation about those who do that. Of course there will be 2 groups that will respond, one group will be happy because maybe it's a signal from the "whales" who might come in again with larger amounts, and the other group they will panic because they think negatively, as mentioned earlier.
But for us, I especially will not think negatively about this, I will stick to the path that I set out at the beginning.

Everyone wonders what to do when there is movement in a crypto wallet. It is not as easy as it used to be to steer the market, but they can still provide a dynamism. That's why I'm very curious about the movements of whales. But I don't think they will sell at this stage. It wouldn't be right for them to make sales when there is so little time left for the halving. Maybe I'm wrong, they will lower the price first and then buy more bitcoins than they sell. It could be any possibility.

There's no need to panic. It makes most sense to continue to implement your own investment strategy. There are many environmental factors and these factors can mislead us when investing in Bitcoin. That's why I think everyone should follow their own strategy and continue.

[slapper]

The crypto whales are on the move! Always a sight to witness, wouldn't you agree? The crypto community is shaken by their actions. Let's take a look into your theories.

Can we now say goodbye to the crypto age? Maybe a little too dramatic for comfort? The cryptosphere has been through many storms, so the awakening of the whales is hardly a signal of impending doom. Second, moving to a new cryptocurrency. It's a possibility. The identity of the asset that a prudent whale would diversify into is currently unknown. "Getting their way" from the regulators? Extremely improbable. Because of their decentralized nature, cryptocurrencies will stubbornly oppose government oversight.

My take? Crypto markets are volatile & these movements are part of the ecosystem's nature

[serjent05]

As long as these moved coins did not reach the market to sell, I don't think we have to expect something.  Maybe they are moving these coins for security purposes.  But if these coins were moved to be sold then the sudden influx of coins to the market can definitely affect the trend of Bitcoin.  There will be a selling pressure that can prevent the market from going up in price. So if the moved coins is not sold aggressively then we might be seeing a sideway until the sell pressure is lessen.

[suzanne5223]

I think we shouldn't be bothered by the thing we have no control over and instead of being bothered, we ought to focus on making the best out of the opportunity presented by the market because this is not the first time the whale manipulate the market and all the ancient crypto wallet that sudden come back to life can only be for two reasons either to sell, or hold since big investment companies are having an interest in Bitcoin and the whales won't like to miss the event.

[Vishnu.Reang]

The prime reason for the market downturn is the downfall of one of the largest global cryptocurrency exchanges, FTX. As well as bitcoin is loosing its value rapidly due to high inflation and cost of living crises, People are engage to hardly manage to balance their life. At this point people really not able to invest in such things and people selling their cryptocurrency.

[bluebit25]

Sober up a bit, how many of them compared to the current market share?

Honestly, some of the information that I look at doesn't have an easy appreciation, sometimes it creates a sense of fear for the ignorant among us. The market is getting bigger and bigger, and people who try to manipulate certain stories will still work with people who don't know the market yet. We are here for profit, for future development, when there is a specific game plan according to the cycle or economic trends are observed at the beginning or during the experience.

So I honestly want to draw attention to the fact that it's about looking for opportunities, not some selfcreated skepticism.

[Betwrong]

The crypto whales are on the move! Always a sight to witness, wouldn't you agree? The crypto community is shaken by their actions. Let's take a look into your theories.

Can we now say goodbye to the crypto age? Maybe a little too dramatic for comfort? The cryptosphere has been through many storms, so the awakening of the whales is hardly a signal of impending doom. Second, moving to a new cryptocurrency. It's a possibility. The identity of the asset that a prudent whale would diversify into is currently unknown. "Getting their way" from the regulators? Extremely improbable. Because of their decentralized nature, cryptocurrencies will stubbornly oppose government oversight.

My take? Crypto markets are volatile & these movements are part of the ecosystem's nature

I agree with you. As I said above, those are normal fluctuations. It's not something unusual. Whales moving big funds to exchanges doesn't mean the market is going to crush, it only means that the market is alive. What should we expect? In the nearest future BTC and other major coins may go up or down, we can't say for sure. But what we can be pretty sure about is that in a year BTC will reach its new ATH. That's what I believe because another halving nears, and, as always, it will have a positive impact on the price of BTC and other coins consequently.

[radjie]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

There is a possibility that the owner decides to leave temporarily and switch to another business so as to convert the assets they have so they can avoid hacking their account.
This is certainly not the end of Bitcoin, they will return after doing research and planning the right time

[khiholangkang]

As long as these moved coins did not reach the market to sell, I don't think we have to expect something.  Maybe they are moving these coins for security purposes.  But if these coins were moved to be sold then the sudden influx of coins to the market can definitely affect the trend of Bitcoin.  There will be a selling pressure that can prevent the market from going up in price. So if the moved coins is not sold aggressively then we might be seeing a sideway until the sell pressure is lessen.

Honestly who cares about them? actually they are selling bitcoin they are rightfully theirs, and to me that is good, early bitcoin holders had a lot of bitcoin that could impact the market, we have to see new adoptions that don't have that opportunity. So my view is that you shouldn't be afraid of what whales are doing even if there is a large supply of bitcoins in the market, can't we have a lot of bitcoins when they are cheaper due to their sale?

Whale domination is not one or two, and also we will see more adoption when institutional investors really plunder into the bitcoin market in the future, I really believe the future of bitcoin is brighter with no early era whales.

[Yatsan]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

We just cannot tell and they're the ones who would more likely determine their actions. Confusion would come from the idea that if these holders are still physically active and are still aware of any price movement then they should have sold with previous ATHs, but what happened is that movements occured during and after the market dip. Unless they are having higher hopes than us with regards to potential market price of Bitcoin in the future, then they are just holding and waiting for more things to happen in particular with the market price of Bitcoin. Bitcoin is still you right? And there's more to happen as well as improvements. Whales transferring their funds won't be really a big deal unless its effects are already visible among us.

[DrBeer]

The crypto whales are on the move! Always a sight to witness, wouldn't you agree? The crypto community is shaken by their actions. Let's take a look into your theories.

Can we now say goodbye to the crypto age? Maybe a little too dramatic for comfort? The cryptosphere has been through many storms, so the awakening of the whales is hardly a signal of impending doom. Second, moving to a new cryptocurrency. It's a possibility. The identity of the asset that a prudent whale would diversify into is currently unknown. "Getting their way" from the regulators? Extremely improbable. Because of their decentralized nature, cryptocurrencies will stubbornly oppose government oversight.

My take? Crypto markets are volatile & these movements are part of the ecosystem's nature

No no no It's not all that bad, and I'm already realizing that I dubbed one of the options as "the sunset of cryptocurrencies" very wrongly I repent

Sunset does not happen like that, the drain of crypto will happen outside the exchanges, without panic, at night. And wake up in the morning - and that's it, cryptocurrency - dust Well, this is also a theoretical option. Do not take it to heart

In fact, variants of change/leadership in the crypto world, speculative movements, preparation for a pampa/dump are the most likely scenarios

[_BlackStar]

-snip-

We just cannot tell and they're the ones who would more likely determine their actions. Confusion would come from the idea that if these holders are still physically active and are still aware of any price movement then they should have sold with previous ATHs, but what happened is that movements occured during and after the market dip. Unless they are having higher hopes than us with regards to potential market price of Bitcoin in the future, then they are just holding and waiting for more things to happen in particular with the market price of Bitcoin. Bitcoin is still you right? And there's more to happen as well as improvements. Whales transferring their funds won't be really a big deal unless its effects are already visible among us.

I can consider that to be reasonable - it's because some of the old bitcoin owners want to sell it. But let's be honest - if they want to sell it now, then they are seriously missing out on their best chance of getting 2x higher returns by the end of 2021. Of course if that is compared to the returns they will get in 2023.

I don't have a different version - but so far I can only say this is normal. Bitcoin will still have high interest among its users - in fact I am totally convinced that there will be a big wave to come after the halving. I won't rush to conclusions - but I hope bitcoin will answer all people's doubts.

[Bananington]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

Could be that they know something that we don't know, you never can tell you know. If you have large chunk of BTC stored somewhere you invested some years back and have gained 6000x from when the price was around $4.3, they will always have Intels the public don't have because, look at again, why sell now instead of selling when the price was around $50k when they would have made more millions of dollars instead of selling them now and they could have also waited for the new coming bull run, it will so easy to exit the market without causing much drama, I still think they may no something we don't have at hand.

Looking at it from another angle. What if the owner of the coin has health issues and tried to use his investment for treatment, what if the person is giving up soon and want to have his money donated to charity, what if the person suddenly become broke and then sell to recover his normal life, these are the questions that prompted from your questions. Whatever the reasons of the owner are, I hope it favour bitcoin market.

For me, I couldn't think of any better reason for this whale movement because we are approaching a time when BTC Halving is expected to happen. You know, 2024 between March -May. Every BTC asset will be halved as it has been afore-programmed to happen quarterly till 21million BTC is mined. Perhaps this is one why for the movement, also is the case where regulators are imposing and investigating some of these crypto holders or the exchanges they operate with.

The market seasons won't be bearish or bullish, if these whales don't make such movement and it is just a reminder to traders or potential crypto investors, that they should study carefull the price patterns and make reasonable analysis for their own profit. Else they would get their funds swallowed up in the tide of these whale movement.

[DrBeer]

....

For me, I couldn't think of any better reason for this whale movement because we are approaching a time when BTC Halving is expected to happen. You know, 2024 between March -May. Every BTC asset will be halved as it has been afore-programmed to happen quarterly till 21million BTC is mined. Perhaps this is one why for the movement, also is the case where regulators are imposing and investigating some of these crypto holders or the exchanges they operate with.

The market seasons won't be bearish or bullish, if these whales don't make such movement and it is just a reminder to traders or potential crypto investors, that they should study carefull the price patterns and make reasonable analysis for their own profit. Else they would get their funds swallowed up in the tide of these whale movement.

Very correct clarification ! The problem of the crypto market is that this market today is absolutely speculative. That is, someone has to manipulate the market so that it has fluctuations (the very crypto volatility), and accordingly, you can make money on it, without producing anything, and without forming the added value of the "commodity".
So yes, I absolutely agree - without whales, there will be no strong volatility, and there will be no bullish/bearish trends in the market.

[Betwrong]

-snip-

We just cannot tell and they're the ones who would more likely determine their actions. Confusion would come from the idea that if these holders are still physically active and are still aware of any price movement then they should have sold with previous ATHs, but what happened is that movements occured during and after the market dip. Unless they are having higher hopes than us with regards to potential market price of Bitcoin in the future, then they are just holding and waiting for more things to happen in particular with the market price of Bitcoin. Bitcoin is still you right? And there's more to happen as well as improvements. Whales transferring their funds won't be really a big deal unless its effects are already visible among us.

I can consider that to be reasonable - it's because some of the old bitcoin owners want to sell it. But let's be honest - if they want to sell it now, then they are seriously missing out on their best chance of getting 2x higher returns by the end of 2021. Of course if that is compared to the returns they will get in 2023.

I don't have a different version - but so far I can only say this is normal. Bitcoin will still have high interest among its users - in fact I am totally convinced that there will be a big wave to come after the halving. I won't rush to conclusions - but I hope bitcoin will answer all people's doubts.

Selling big amounts now, if you don't need fiat urgently, is really dump. And I have a feeling that  that there aren't many dumb whales left at this point. Most of them sold their coins during previous crashes, from $70k to $16k, from $20k to $3k, or even earlier. So, I don't expect a massive sell out in the next few months. But after BTC reaches $150k, it will start happening, as it alaways does.

[19Nov16]

The trend is always changing dynamically, and what happens to the whale wallet that melts Bitcoin to Fiat of course there are many reasons, they think that when prices are difficult to pass $ 30k then they think that the future is increasingly difficult in the future, but if prices can pass through $ 30k, for example, can touch $ 40K this year, they will save more bitcoin.

[Pejoh Asu]

Since there was a fantastic increase from 2017, there has been a lot of speculation about whales, even an analyst believes that big bitcoin owners can pump and dump prices so that speculation about bitcoin is growing, and news like this is normal because new facts will always be discovered from transactions on exchanges.

[CarnagexD]

Since there was a fantastic increase from 2017, there has been a lot of speculation about whales, even an analyst believes that big bitcoin owners can pump and dump prices so that speculation about bitcoin is growing, and news like this is normal because new facts will always be discovered from transactions on exchanges.

Once the whales participated in the marketplace, you'll get to see more excitement in fluctuation in price. There will be more displacement going higher or lower depending on which side those big funds will be on. There will be no pump and dump. When the whales are present, it is only either only up or only down. They are like the marketmakers.

[DrBeer]

As the last few days have shown - the predicted growth of bitcoin did not happen. Moreover, the rate fell. The question is, has anyone analyzed
- the change in the volume of bitcoin sales in July ?
- change in the volume of altcoin BUY in July ?
Maybe it will be clear what's going on

[sana54210]

Since there was a fantastic increase from 2017, there has been a lot of speculation about whales, even an analyst believes that big bitcoin owners can pump and dump prices so that speculation about bitcoin is growing, and news like this is normal because new facts will always be discovered from transactions on exchanges.

Unfortunately when whales make a move, like not even trade, just move their money around, that causes a lot of people to fear what may happen. That is not really a way to trade, just because they moved their money doesn't mean anything, it doesn't mean they will invest just because they are taking it out, doesn't mean they will sell just because they move it in.

I think we should not make moves based on the possibility of whales making a move, it would be smart if we could make a move based on their actual moves, that makes sense because they actually did something, but that doesn't change anything on the long run neither. I hope that people can see that and they can just wait until there is an actual movement on the market.

[Flexystar]

That’s pretty far stretched assumption mate. If someone is moving their Bitcoin then it is not just for selling purpose always. It could be purely for the sake of safety, security of funds. When Bitcoins are sitting ideal in one bitcoin address for very long then it becomes very risky and thousands of enthusiastic people would be watching that wallet. This is the reason they keep changing it.

Moreover, whales are not just individuals sometime they could be exchanger Bitcoins, mixer services having their wallets refilled or moved and bunch of other entities working on it. It’s better not to jump a conclusion like this hard.

[teosanru]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

I don't think it's correct to make this assumption at this point. There is a big chance that if these coins are coming to exchange they might be coming to buy altcoins and pump altcoins after bitcoin is pumped. Also it's impossible to actually know what's happening without seeing the data actually. if you have the data points with you post them here to give some insights to people as well.

[SmartGold01]

The entire crypto market is so unpredictable and even though whales are planning to sell I don't think is the right position for them to sell now, despite I can't control their action of selling but looking down from what we saw at when bitcoin gained lot of traction; that is when it was that higher whales would have sold then but yet hold till now, but what do I say?
Sometimes its hard to predicts those holders as they may acts strange over the cost of protecting their assets probably wanting to secure their investment which could warrants them stirring up the market.

But nevertheless, some actions could be to move their assets to a safer storage where they finds comfortability or possibly move to exchange in preparation for the next trend but this is not certain, as I know a good investor could never move their valuable assets to a centralized exchange where they had no full control of their asset, or don't mind some of them might possibly do that because I believe those who are here technically oriented in terms of security precaution and protection of their wallets. Alternatively most of those big whales have ventured into a project which required funding and this could make them sold some of their holding to finance their vision projects, very possible!

[Bushdark]

That’s pretty far stretched assumption mate. If someone is moving their Bitcoin then it is not just for selling purpose always. It could be purely for the sake of safety, security of funds. When Bitcoins are sitting ideal in one bitcoin address for very long then it becomes very risky and thousands of enthusiastic people would be watching that wallet. This is the reason they keep changing it.

Moreover, whales are not just individuals sometime they could be exchanger Bitcoins, mixer services having their wallets refilled or moved and bunch of other entities working on it. It’s better not to jump a conclusion like this hard.

When we are moving out portfolio to an exchange, it shows that the reason may be solely for the purpose of trading them not for any safety. I lf I would have to move my coin portfolio for safety then i will rather move them to another wallet that is not an exchange.
Although we might also have so many reasons behind our decision making but surely sending crypto to an exchange is not a good way to keep them safe.

 An exchange might declear bankruptcy and decided to go exile or getting hacked which is one of the news we have been hearing before now happening to exchanges that do not have a strong security to secure the assets of customers.

[someone703]

In terms of sentiment, investors initially selling their coins is not necessarily a sign of their not feeling optimistic about the future of bitcoin. There are a lot of different reasons out there. First of all, there is pressure from the government as they increasingly tighten regulations that increase risk and uncertainty for investors. Besides, because of legal limitations in the policy, many organizers are really uncertain and long-term trust in bitcoin. At the same time, the market hasn't changed much, so selling to get some back is understandable.

[DrBeer]

Judging by the value of bitcoin, and the sluggish attempts to keep it at 30k, the situation is not very positive. Now it is very important to understand what will happen in the next few days - will there be support, or will there be a mass dumping "before it drops even more". I think the value of crypto is now quite strongly influenced by the global situation and the attractiveness of cryptocurrencies may fall. Over the last 24h, the global 24h trading figure was $20.24B, indicating a -25.37% drop in transaction volume. It feels like they are "hiding" and waiting for some event....

[Porfirii]

Judging by the value of bitcoin, and the sluggish attempts to keep it at 30k, the situation is not very positive. Now it is very important to understand what will happen in the next few days - will there be support, or will there be a mass dumping "before it drops even more". I think the value of crypto is now quite strongly influenced by the global situation and the attractiveness of cryptocurrencies may fall. Over the last 24h, the global 24h trading figure was $20.24B, indicating a -25.37% drop in transaction volume. It feels like they are "hiding" and waiting for some event....

If I was a whale, I think that it would be more effective to invest a few millions in order to boost the hype of a new ATH next year in social and mass media, and make a x2 or even a x3 before selling. The only reason to sell early would be an opportunity to reinvest elsewhere in the hope of achieving better results. I don't think they are worried about an eventual price drop as we, small investors, can be.

[DrBeer]

Judging by the value of bitcoin, and the sluggish attempts to keep it at 30k, the situation is not very positive. Now it is very important to understand what will happen in the next few days - will there be support, or will there be a mass dumping "before it drops even more". I think the value of crypto is now quite strongly influenced by the global situation and the attractiveness of cryptocurrencies may fall. Over the last 24h, the global 24h trading figure was $20.24B, indicating a -25.37% drop in transaction volume. It feels like they are "hiding" and waiting for some event....

If I was a whale, I think that it would be more effective to invest a few millions in order to boost the hype of a new ATH next year in social and mass media, and make a x2 or even a x3 before selling. The only reason to sell early would be an opportunity to reinvest elsewhere in the hope of achieving better results. I don't think they are worried about an eventual price drop as we, small investors, can be.

Well, on the fall of bitcoin, just such a model can be implemented. Playing in a falling market
- fix part in fiat/stablecoin
- as a result, "at the bottom" - increase your bitcoin reserves, postponing it for a long-term perspective, for 1-3-5 years, until the next SPECULATIVE market acceleration, which will give 2 or more "X"s. Quite a realistic program

[Casdinyard]

I mean there's not much that we can do with that besides accept the fact that they transferred their cryptos. It's theirs anyway lol. Plus bitcoin's in a pretty safe spot right now and the sale of hundreds/thousands of bitcoins in one go projectively wouldn't really do much about its price in the long run. So we should still be okay sitting pretty at this spot although a price movement is badly needed especially as December closes in which isn't necessarily the best months for crypto. Anywho no reason for anyone to panic right now or lose their shit since it's just whales selling, not the whole market. They don't hold the power over bitcoin here even though they own bags and bags, we do.

[RewFrew]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

I couldn’t think Bitcoin era ending. I think Future of Bitcoin and Cryptocurrency are good. Along with the whales, ordinary people are also getting involved with Bitcoin. Many people involving regularly with crypto market. Most of them are investing on Bitcoin. From pandemic people has been jobless and they are involving with Bitcoin. We know when bulk people involve in any project that project will successful. So i think not ending, starting new era of Bitcoin i strongly believe it. Even Some crypto whales going away but New whales are coming i think. So i think future of crypto will good. I am also jobless person and my thinking from cryptocurrency market i will remove my financial crisis. I invested huge amount in this cryptocurrency market. I strongly believe i will get my financial freedom from here.

[DrBeer]

The whales stirred. What should we expect?

Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?

I couldn’t think Bitcoin era ending. I think Future of Bitcoin and Cryptocurrency are good. Along with the whales, ordinary people are also getting involved with Bitcoin. Many people involving regularly with crypto market. Most of them are investing on Bitcoin. From pandemic people has been jobless and they are involving with Bitcoin. We know when bulk people involve in any project that project will successful. So i think not ending, starting new era of Bitcoin i strongly believe it. Even Some crypto whales going away but New whales are coming i think. So i think future of crypto will good. I am also jobless person and my thinking from cryptocurrency market i will remove my financial crisis. I invested huge amount in this cryptocurrency market. I strongly believe i will get my financial freedom from here.

Let's not focus on just one "tragic" assumption?
In fact, the crypto market is a "treasure" for those who have money and time. There is no other market for earning money like the crypto market - large-scale, speculative, and what is very important - very accessible to "any mortal, without licenses and other things." And accordingly, those who can buy on dumps and sell on pumps, knowing that the waves will continue to continue, are happy to earn on it. I am absolutely sure that there will be another ramp and springboard ahead, and there will be another fall. And I suppose that the movement of cryptocurrency arrays can "hint" of some kind of expectations for possible earnings.

[Joshapat]

I think everything will come to an end, if we are currently worried about the future of cryptocurrencies then we must immediately look for alternative investments or sources of income, of course we must always be realistic that changes will continue to occur so that the assumption that whales will leave cryptocurrencies deserves our attention.

[DrBeer]

I think everything will come to an end, if we are currently worried about the future of cryptocurrencies then we must immediately look for alternative investments or sources of income, of course we must always be realistic that changes will continue to occur so that the assumption that whales will leave cryptocurrencies deserves our attention.

To consider cryptocurrencies as the ONLY investment channel is foolish. Diversification is the only reasonable, logical, and risk-reducing approach.
In 201x, cryptocurrencies have only spawned a new market of investment and speculation. Yes, it works, yes it WILL work, yes it is available to virtually everyone (this is a huge competitive advantage). But to dwell only on it is foolish, however frustrating it may sound.
To me, the ideal scheme for investment looks (roughly) like this:
- investing in several markets
- profit/loss taking
- part of profit - for reinvestment in the same market or in other markets
- part of profit - fixation in "classic assets" - real estate, gold,.....
- part of profit - fiat currencies - in the form of a "multi-currency basket".
- study of negative experience. It is obligatory ! Negative experience - it is really the most important !
This will minimize the risks of losses in virtually any situation in the world.

[Betwrong]

I think everything will come to an end, if we are currently worried about the future of cryptocurrencies then we must immediately look for alternative investments or sources of income, of course we must always be realistic that changes will continue to occur so that the assumption that whales will leave cryptocurrencies deserves our attention.

Whales leaving crypto market certainly deserves our attention, and even the assumption of it deserves our attention too. Thank you DrBeer for opening this topic and providing some  great advices above.

My question is, are they leaving? I just checked the news regarding this issue, and found nothing frightening there. After SEC Chair Gary Gensler made his negative comments about crypto two weeks ago, Bitcoin price, contrary to the expectations of skeptics, hasn't started dropping



In fact, it's even a bit higher today than it was back in July 27. To me it looks like whales just ignore those comments.

[DrBeer]

I think everything will come to an end, if we are currently worried about the future of cryptocurrencies then we must immediately look for alternative investments or sources of income, of course we must always be realistic that changes will continue to occur so that the assumption that whales will leave cryptocurrencies deserves our attention.

Whales leaving crypto market certainly deserves our attention, and even the assumption of it deserves our attention too. Thank you DrBeer for opening this topic and providing some  great advices above.

My question is, are they leaving? I just checked the news regarding this issue, and found nothing frightening there. After SEC Chair Gary Gensler made his negative comments about crypto two weeks ago, Bitcoin price, contrary to the expectations of skeptics, hasn't started dropping



In fact, it's even a bit higher today than it was back in July 27. To me it looks like whales just ignore those comments.

Thank you for rating !

In fact, in the title of the topic - there were no STATEMENTS, there were assumptions and a question - what could such movements of large sums mean?
The fact that bitcoin did not sink much, and even won back today, is the market situation. On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

[serveria.com]

On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

What sounds?  I'm sure you hear voices in your head telling you that Bitcoin is not going up anytime soon  but still... It think I already know the answer but I'll ask you this question: what are your sources? 

[tygeade]

Selling big amounts now, if you don't need fiat urgently, is really dump. And I have a feeling that  that there aren't many dumb whales left at this point. Most of them sold their coins during previous crashes, from $70k to $16k, from $20k to $3k, or even earlier. So, I don't expect a massive sell out in the next few months. But after BTC reaches $150k, it will start happening, as it alaways does.

And at this point when the price looks like its doing fine now, reached above 29.5k+ levels and the profits are on the way, if you are still selling that means you do not only sell because you are afraid, but you are selling because you want it to go down.

Whales are smarter than that and they are making as much profit as they possibly could and they will end up making more investments to end up with more profits as well. I think its quite important that we could end up with something that would be higher and they know it and they are going to go into it. Why would anyone think that whales would a chance to make profit, they are whales for a reason and that's why its quite important that they do what they could to profit.

[DrBeer]

Yesterday I read an interesting prediction from one, quite famous crypto-analyst: now the last bitcoin dump is taking place possibly to the limits of 28.000 dollars per bitcoin. After that, a bullish trend will start, with a rather high forecast - up to 125.000 dollars per bitcoin in 2024 (CoinsKid).
I wonder what will be the indicator of such predicted events ?


PS.

What sounds?   I'm sure you hear voices in your head telling you that Bitcoin is not going up anytime soon   but still... It think I already know the answer but I'll ask you this question: what are your sources?  

Sorry - I can not help you, and I can not tell you where there is a forum for people like you - miserable and embittered, that you would realize your complexes there. Try to find it yourself, but this forum and this topic is definitely not for you  

[Betwrong]

~

Thank you for rating !

In fact, in the title of the topic - there were no STATEMENTS, there were assumptions and a question - what could such movements of large sums mean?
The fact that bitcoin did not sink much, and even won back today, is the market situation. On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

It's not happening now, that's for sure. I don't know the reasons, the SpaceX selloff?, but Bitcoin has dropped by 12% since last week. Hopefully, Musk will sell all crytpo he has and leave it for good at last. But if he won't do that, and will keep doing his thing as others of his kind, then we'll many ups and downs in the nearest future, as, in fact, it always happens with BTC. But what I'm sure of is that eventually we'll be there, around $150k,  if not this year then the next.

[DrBeer]

~

Thank you for rating !

In fact, in the title of the topic - there were no STATEMENTS, there were assumptions and a question - what could such movements of large sums mean?
The fact that bitcoin did not sink much, and even won back today, is the market situation. On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

It's not happening now, that's for sure. I don't know the reasons, the SpaceX selloff?, but Bitcoin has dropped by 12% since last week. Hopefully, Musk will sell all crytpo he has and leave it for good at last. But if he won't do that, and will keep doing his thing as others of his kind, then we'll many ups and downs in the nearest future, as, in fact, it always happens with BTC. But what I'm sure of is that eventually we'll be there, around $150k,  if not this year then the next.

1. Apparently Musk had nothing to do with it, according to the data his Bitcoin holdings were not "dumped" into the market. Most likely, the reasons are elsewhere, but there are no obvious reasons. At least they are not "on the surface of the news feeds". Either there is a preparation for something.....
2. Someone managed to dump bitcoin at 29k dollars ?

The most interesting thing is that there are enough statements, which began before breaking 28k, that the prospects of bitcoin and the crypto market are not very positive, and probably we will see 15k and possibly lower....

I wonder what the crypto optimists will say now ? By the way, this situation perfectly shows what will happen if someone decides to introduce bitcoin as a means of "replacing the dollar" ....

[serveria.com]

~

Thank you for rating !

In fact, in the title of the topic - there were no STATEMENTS, there were assumptions and a question - what could such movements of large sums mean?
The fact that bitcoin did not sink much, and even won back today, is the market situation. On the other hand, there are more and more sounds that the expected growth of bitcoin will most likely not happen... In a word, there are more questions than answers

It's not happening now, that's for sure. I don't know the reasons, the SpaceX selloff?, but Bitcoin has dropped by 12% since last week. Hopefully, Musk will sell all crytpo he has and leave it for good at last. But if he won't do that, and will keep doing his thing as others of his kind, then we'll many ups and downs in the nearest future, as, in fact, it always happens with BTC. But what I'm sure of is that eventually we'll be there, around $150k,  if not this year then the next.

1. Apparently Musk had nothing to do with it, according to the data his Bitcoin holdings were not "dumped" into the market. Most likely, the reasons are elsewhere, but there are no obvious reasons. At least they are not "on the surface of the news feeds". Either there is a preparation for something.....
2. Someone managed to dump bitcoin at 29k dollars ?

The most interesting thing is that there are enough statements, which began before breaking 28k, that the prospects of bitcoin and the crypto market are not very positive, and probably we will see 15k and possibly lower....

I wonder what the crypto optimists will say now ? By the way, this situation perfectly shows what will happen if someone decides to introduce bitcoin as a means of "replacing the dollar" ....

As a "crypto optimist" as you put it, I can say that this is a teeny tiny microscopic correction and not even worth mentioning. And your masters should start to realize that they cannot control and manipulate anything they want. Bitcoin can't be stopped. Period. 

[DrBeer]

As a "crypto optimist" as you put it, I can say that this is a teeny tiny microscopic correction and not even worth mentioning. And your masters should start to realize that they cannot control and manipulate anything they want. Bitcoin can't be stopped. Period.  

"And your masters... "Don't try your slavish thoughts on other people ! Especially people free from any "masters", whether in crypto or fiat world

Not a small correction, but now the talk is that the prospects of bitcoin are not the most positive, to put it mildly
Time will tell what will happen next, but so far we don't see any noticeable events and activity that would talk about a pullback to 30k and further growth.
Now it is most difficult for those who believed in bitcoin and invested heavily there. I have always said - diversify your assets, and you will be calmer and more profitable !

[letteredhub]

As a "crypto optimist" as you put it, I can say that this is a teeny tiny microscopic correction and not even worth mentioning. And your masters should start to realize that they cannot control and manipulate anything they want. Bitcoin can't be stopped. Period.  

"And your masters... "Don't try your slavish thoughts on other people ! Especially people free from any "masters", whether in crypto or fiat world

Not a small correction, but now the talk is that the prospects of bitcoin are not the most positive, to put it mildly
Time will tell what will happen next, but so far we don't see any noticeable events and activity that would talk about a pullback to 30k and further growth.
Now it is most difficult for those who believed in bitcoin and invested heavily there. I have always said - diversify your assets, and you will be calmer and more profitable !

There's wisdom in diversification of investment as its a way of backup in the advent of a crash on one you're covered with the rest others. I am an ardent proponent of bitcoin but I wouldn't advise anyone to heavily invest only on it, splitting the investment to other areas would be more profitable and secure.  Now at this time bitcoin is dwindling in price and with the news of the whales moving their bitcoin, anyone with diversified portfolio won't shrink because there's no way all his different investments will be doing bad at same time.
If someone expresses that the actions of the whales withdrawing their bitcoin from their untouched wallet will affect price of bitcoin, such person is not wrong in that thinking, we are all speculating because none of us knows what the future holds, everyone is free to express their thoughts but that doesn't mean their thoughts or that of mine has any determinism in the future of bitcoin.

[Betwrong]

~

1. Apparently Musk had nothing to do with it, according to the data his Bitcoin holdings were not "dumped" into the market. Most likely, the reasons are elsewhere, but there are no obvious reasons. At least they are not "on the surface of the news feeds". Either there is a preparation for something.....
2. Someone managed to dump bitcoin at 29k dollars ?

The most interesting thing is that there are enough statements, which began before breaking 28k, that the prospects of bitcoin and the crypto market are not very positive, and probably we will see 15k and possibly lower....

I wonder what the crypto optimists will say now ? By the way, this situation perfectly shows what will happen if someone decides to introduce bitcoin as a means of "replacing the dollar" ....

It's not easy for me to read that, but I know that nothing can be ruled out, especially in the world of crypto. But I'm an optimist. The only reason I can see for such a low price is the whales dumping their coins to lower the price before starting buying massively. A new ATH is inevitable. Everyone knows that. If you manage to make BTC down to $15k and than buy a lot of it, you'll make a good buck when it's $150k, right?

[Joshapat]

The amount of news that whales are selling their assets immediately makes us have to be vigilant, there are lots of reports and speculation that the era of cryptocurrencies will end soon because of the many problems that are happening, of course the best thing is to always monitor market conditions so that if big things happen then we make decisions immediately.

[DrBeer]

~

1. Apparently Musk had nothing to do with it, according to the data his Bitcoin holdings were not "dumped" into the market. Most likely, the reasons are elsewhere, but there are no obvious reasons. At least they are not "on the surface of the news feeds". Either there is a preparation for something.....
2. Someone managed to dump bitcoin at 29k dollars ?
The most interesting thing is that there are enough statements, which began before breaking 28k, that the prospects of bitcoin and the crypto market are not very positive, and probably we will see 15k and possibly lower....
I wonder what the crypto optimists will say now ? By the way, this situation perfectly shows what will happen if someone decides to introduce bitcoin as a means of "replacing the dollar" ....

It's not easy for me to read that, but I know that nothing can be ruled out, especially in the world of crypto. But I'm an optimist. The only reason I can see for such a low price is the whales dumping their coins to lower the price before starting buying massively. A new ATH is inevitable. Everyone knows that. If you manage to make BTC down to $15k and than buy a lot of it, you'll make a good buck when it's $150k, right?

Of course, such a scenario cannot be excluded. And I have stocks of Bitcoin and other alternative currencies, but I am not forcing investments in them. More precisely, only in them
There are a lot of alternative assets where you can invest your money - from real estate to agriculture. I consider agriculture to be very promising, albeit with some caveats. I personally invest in one agricultural project. True, before the start of investment, I spent 2 months studying all the ins and outs of the project, the company, and the owners. But the project has been running for almost 2 years, is paying dividends, is developing, and I am closely following it, even to the point of personal trips and monitoring of what is happening and personal testing of the crop

There are several other areas of investment, which generally confirms my commitment to diversification. At the same time, I buy more cryptocurrency little by little, believing in the next pump

[Unbunplease]

The amount of news that whales are selling their assets immediately makes us have to be vigilant, there are lots of reports and speculation that the era of cryptocurrencies will end soon because of the many problems that are happening, of course the best thing is to always monitor market conditions so that if big things happen then we make decisions immediately.

Now the situation is being escalated to get assets out of weak hands as soon as possible. Usually such situation is characteristic before the beginning of long growth. Therefore, one should not give in to panic. You just need to wait for some time and act with a cool head.

[gunhell16]

- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?

With the history of Bitcoin's existence, it is too early to say that we are at the end of the Bitcoin era. In fact, the popularity of Bitcoin
and cryptocurrency is even rising. Because with each passing year, the number of its communities also increases. And the rising
dominance of cryptocurrency is also increasing, which is coming under regulation by other governments. In short, there is increasing
regulation or adoption of cryptocurrency by the government and financial institutions.

And if there is someone selling Bitcoin, it could be that other investors who are doing this are also investing in other cryptocurrencies that they also see potential in the future, such as Ethereum, Bnb, Arb, and others that are top-listed in the market. And others who sell their bitcoin to convert it to their respective fiat currencies.

[BitcoinTurk]

No movement has been observed for a long time and unfortunately the cryptocurrency wallets belonging to the revived whales have started to create fear in the markets. Although the activities of these wallets cause the market to be pessimistic. It is necessary to closely monitor whether the funds that are transferred are sold or not.

Yes, in a possible scenario these wallet owners may have lost their trust in blockchain and cryptocurrencies and may have made these transfers to make sales. This is a situation that will negatively affect the cryptocurrency markets and will reveal the liquidity problem.

In another scenario, as Bitcoin's halving process is approaching these wallet owners may have mobilized their funds and aimed to make money by buying and selling during possible price fluctuations. Although this will put pressure on prices in the short term. It will be a scenario that we can consider as positive in terms of volume in the market.

Another scenario could be to create a panic in the market by scaring small investors and collect cryptocurrencies at current price levels before Bitcoin's halving process. This scenario is just an event that will cause losses to small investors and is a frequently used method to shake-off small investors.

Another scenario is that these people may aim to create a serious buying-selling walls at current price levels and make money by buying and selling between certain support and resistance levels. This situation will not have a positive impact on the cryptocurrency markets especially in the short term because if such a scenario occurs the price will be stuck within a certain range.

In summary, it would be correct to comment by following the transactions made after these transfers in addition to the money transfers of the cryptocurrency wallets of the whales which have not been observed for a long time and have been revived nowadays. Analyzes made without any observation will only consist of manipulation and creating fear in the market.

[Pejoh Asu]

Of course this makes a bad impact on the market, when Whales leaves Bitcoin and no new money enters, the market will be difficult to rise, the current turnover is indeed a lot of transactions that come out of personal wallet and certainly make their allegations divert to stable coins stable Then to Cash is something that can make the market difficult to rise.

[Davian144]

Of course this makes a bad impact on the market, when Whales leaves Bitcoin and no new money enters, the market will be difficult to rise, the current turnover is indeed a lot of transactions that come out of personal wallet and certainly make their allegations divert to stable coins stable Then to Cash is something that can make the market difficult to rise.

Today you and everyone else can already see the market revival which was mainly demonstrated by Bitcoin with its price movement from $28K to $29K. If that continues to happen this month, I think Bitcoin could pass the $30K resistance level this month and it could also be very possible to continue making quite good price improvements in the next month. Now everyone can probably expect an increase beyond $30K as Bitcoin is starting to get very close to that level, especially today.

[wallet4bitcoin]

I guess the narrative is different now, people are changing their notion of Bitcoin and its collapse and buying into it, loads of buys by BlackRock has changed the narrative and people are now buying in which is one of the percieved cause of a pottential pump in no distant time. Bitcoin has seen greener candles than it ever had in the last six months and we have hopes that it will be a continuous process if the ETF suits closes in its favor.

[DrBeer]

I guess the narrative is different now, people are changing their notion of Bitcoin and its collapse and buying into it, loads of buys by BlackRock has changed the narrative and people are now buying in which is one of the percieved cause of a pottential pump in no distant time. Bitcoin has seen greener candles than it ever had in the last six months and we have hopes that it will be a continuous process if the ETF suits closes in its favor.

Of course this makes a bad impact on the market, when Whales leaves Bitcoin and no new money enters, the market will be difficult to rise, the current turnover is indeed a lot of transactions that come out of personal wallet and certainly make their allegations divert to stable coins stable Then to Cash is something that can make the market difficult to rise.

Let me assume that the entry of a global cryptocurrency investor like Black Rock into the market will attract not millions or even billions of dollars into the industry, but much more. Moreover, the SEC began to “give up” its positions in the tough opposition to the crypto world and crypto technologies. I won’t rush to conclusions now, but the overall picture is quite good for the prospects of Bitcoin and cryptocurrencies in general. Therefore, the real development of the situation will be “just around the corner”, and as stated - somewhere in the region of December 2023 - February 2024. So - if we are not whales, we sit and watch what is happening, seizing moments to earn money

[dansus021]

No bro it's not an era of cryptocurrency why do you think like that. in fact whales always stirred any kind of investment, it is simply because they have money and want to make profit.

and also there is news "Significant bitcoin outflow from exchanges
Mourad added that the outflows trace a strategic route chosen by certain investors to transfer their bitcoin away from exchange platforms.

"This maneuver can be interpreted as an attempt to shield their invested capital from the ongoing market instability," he said, also pointing to a significant outflow of BTC that coincided with the positive price trajectory after a U.S. appeals court ruled in favor of Grayscale on Tuesday.

"Observations subsequent to the price surge reveal that more than 20,000 bitcoins had been transferred out of exchanges into cold wallets," he added. The analyst said investors could be perceiving the market is still undergoing a corrective phase.

However, he added the action "signified a belief in the enduring value of bitcoin." " - https://www.theblock.co/post/248559/bitcoin-exchange-outflows-signal-long-term-holder-confidence-analyst-says

The other keep withdraw from centralized exchange

[DrBeer]

.....

The departure of "whales", or rather the withdrawal of their funds in bitcoin for "storage" indicator is twofold.
On the one hand, it says that we should not expect a bitcoin rally. I mean the trend for systemic growth and a noticeable increase in the rate.
On the other hand, it indicates that a change in the value of bitcoin in the future is expected, or at least it is a highly probable development of the situation.

In short - it's a shame that we didn't get high, but it's good that there will still be a chance.... but later

PS To understand - all this mass of bitcoin returned to where it was or.... Because it will be a different scenario

[DeathAngel]

Significant upwards breakout in the last 24 hours. Maybe it is whales front running the news of a potential Blackrock SPOT ETF. I guess we will soon see if it’s a sustainable pump & the start of more upwards price trajectory or a fake pump & return to the norm.