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Author Topic: The whales stirred. What should we expect?  (Read 985 times)
Ucy
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July 25, 2023, 04:36:34 PM
 #41

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?

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July 25, 2023, 04:43:09 PM
 #42

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.

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July 25, 2023, 05:26:10 PM
 #43

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.
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July 25, 2023, 05:27:23 PM
 #44

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.

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July 25, 2023, 07:03:23 PM
 #45

The only thing I could think of while reading your forum post is the fact that you are spreading FUD. Grin
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 Smiley
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 Smiley
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.

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July 25, 2023, 09:20:38 PM
 #46

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.  Cool
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July 26, 2023, 04:03:49 AM
 #47

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.
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July 26, 2023, 04:39:25 AM
 #48

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.


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July 26, 2023, 04:56:58 AM
 #49

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.
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July 26, 2023, 05:27:31 AM
 #50

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.
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July 26, 2023, 08:15:56 AM
 #51

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.  Cool

Considering your past posts on many topics, expecting anything intelligent from you is very silly  Grin Grin Grin Grin
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 Smiley 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 Smiley.
Maybe you can refute the fact of movement of funds from whale wallets to the exchange ? Smiley

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July 26, 2023, 09:15:58 AM
 #52

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.

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July 26, 2023, 09:45:51 AM
 #53

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?.

Sepertinya sudah waktunya, kalau menurut saya lebih baik lump sum sekarang. 30/01/2024.
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July 26, 2023, 11:07:29 AM
 #54

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.

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July 26, 2023, 12:20:53 PM
 #55

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.

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July 26, 2023, 12:21:41 PM
Last edit: July 26, 2023, 12:35:23 PM by Wimex
 #56

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:

Quote
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.
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July 26, 2023, 03:10:00 PM
 #57

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.

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July 26, 2023, 07:11:10 PM
 #58

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 Smiley

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July 26, 2023, 07:36:33 PM
 #59

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.  Cool

Considering your past posts on many topics, expecting anything intelligent from you is very silly  Grin Grin Grin Grin
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 Smiley 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 Smiley.
Maybe you can refute the fact of movement of funds from whale wallets to the exchange ? Smiley

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.
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July 26, 2023, 07:39:34 PM
 #60

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!

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