The whales stirred. What should we expect?

[_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 The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin.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.