Bitcoin accumulation at all time high

[Honyek]

l think anyone who accumulates bitcoin now especially for the purpose of long-term holding, will make good profit in the end of the bull run. This is probably towards the end of 2025 as has occurred in the previous ones. So, if anyone can, that is not a bad idea, although you have to monitor every step of bitcoin situation very well.

[passwordnow]

l think anyone who accumulates bitcoin now especially for the purpose of long-term holding, will make good profit in the end of the bull run. This is probably towards the end of 2025 as has occurred in the previous ones.

At this point, they don't have to put that into long term holding. Because they're all aware that the halving is coming and it's just going to take a not that long until we see the price of Bitcoin goes on high again. That's why they're accumulating because they know what's about to come and that's a good strategy from them because they've been into this before and they understand the cycles that are about to come.

So, if anyone can, that is not a bad idea, although you have to monitor every step of bitcoin situation very well.

It's not a bad idea to accumulate. What is terrible is when you know that you should have to but you never did any action because of the fear that's in your heart knowing that it is volatile. That's not a big issue because Bitcoin's volatility has been there for a very long time and it gets more volatile every time it halves and every time it gets more adoption from the regulations. What I just don't like with these stats, they look at these accumulation rates and at the same time the dumping rate that's closely being monitored by some software or profiles in X. It's not giving that positive thought to its followers but only fear thinking that the whales are dumping.

[mvdheuvel1983]

Source
https://cryptotale.org/bitcoin-whales-accumulate-71155-btc-in-6-weeks-nearing-all-time-high/

They have accumulated 71555 btc in less than 6 weeks. Is this a sign of coming bull run now ?

It is a sign of many things. Including:

Growing global awareness and adoption - There is a growing awareness of Bitcoin and people are seeing the rel life effect of holding and not holding bitcoin. They prefer the former.

Halving - People don't want to be on the "wrong" side of history during and after the event. They don't want any bitcoiner to say"I told you so" if they miss it.

It's a flex- If you are a Gen Z or millennial and don't have some bitcoins. You are almost looked at as old school. We know that is the last thing they want to be called.

[pixie85]

If I had 100m dollars lying around on a bank account, hit by 5% inflation tax each year, I'd really think of moving at least 10% of that to bitcoin. Eventually more whales will enter the market because, and here's the important part, BITCOIN IS USEFUL.

It's useful to people with heaps of money, to people in countries with high inflation, to nomads, who like to move a lot, to people who want to escape oppression or war, like migrants from Russia, Ukraine, now also Israel and Palestine.

I can see only one way for bitcoin in the long run and that's up and the accumulation is going to continue. It may take another 2 years before we see a new high but eventually we will.

[JoyMarsha]

Source
https://cryptotale.org/bitcoin-whales-accumulate-71155-btc-in-6-weeks-nearing-all-time-high/

They have accumulated 71555 btc in less than 6 weeks. Is this a sign of coming bull run now ?

Whales have accumulated other bitcoins as well, thus this shouldn't be the only one. Since the price of bitcoin was at a low price, there ought to be more whale accumulation than this.

All of this activity is meant to alert investors who are familiar with the crypto market to forthcoming events(halving season). In order to avoid running out of time, he or she should board the moving train now before it becomes late

[Aanuoluwatofunmi]

l think anyone who accumulates bitcoin now especially for the purpose of long-term holding, will make good profit in the end of the bull run. This is probably towards the end of 2025 as has occurred in the previous ones. So, if anyone can, that is not a bad idea, although you have to monitor every step of bitcoin situation very well.

Perfectly right, bitcoin is still at the dip even till now that we are talking, $28,000 is very far from $68,000 all time high, which means we still have along way to go before we get to that, then before another journey begins on a ride to a new all time high after the halving event, there's more expectations on this and people are taking advantage on investing now to hodl against the future because of bull market.

[krishnaverma]

Source
https://cryptotale.org/bitcoin-whales-accumulate-71155-btc-in-6-weeks-nearing-all-time-high/

They have accumulated 71555 btc in less than 6 weeks. Is this a sign of coming bull run now ?

Whales have accumulated other bitcoins as well, thus this shouldn't be the only one. Since the price of bitcoin was at a low price, there ought to be more whale accumulation than this.

All of this activity is meant to alert investors who are familiar with the crypto market to forthcoming events(halving season). In order to avoid running out of time, he or she should board the moving train now before it becomes late

This could be good time to invest for new investors. But the problem with most new investors ia that they invest when the market is at its peak. They are attracted by all the hype and news coming in TV when Bitcoin reaches all time high. And when the market corrects, they leave in loss and also tell bad things about crypto to their family as well.

[Finestream]

Flashback to few months ago, there was a whale sold his Bitcoins which he hold since 2017, it's a sign of bear market? look, is Bitcoin price keep declining since that news? nope. There's no correlation if a whale bought a lot Bitcoins, it has been predicted bull run will happen because of Bitcoin halving, not because of the whales.

https://crypto.news/ancient-bitcoin-whale-sells-all-his-coins-amounting-to-10-6m-profit/

Whales have nothing to do with the market trend as there's no anyone who can manipulate the market and makes the market bullish or bearish. If the market will seem to be bullish in a year or two, simply because bitcoin halving is happening and not because some big whales decide to buy a lot or sell a lot that becomes the basis of market trend.

And if we have to analyze the market well, we will know that bitcoin is not following any trend because it needs to be both bullish and bearish at a certain point. And i think there's no problem with that as whatever the price condition of bitcoin, people will see both opportunities whether its price becomes bearish or bullish.

[Yatsan]

Flashback to few months ago, there was a whale sold his Bitcoins which he hold since 2017, it's a sign of bear market? look, is Bitcoin price keep declining since that news? nope. There's no correlation if a whale bought a lot Bitcoins, it has been predicted bull run will happen because of Bitcoin halving, not because of the whales.

https://crypto.news/ancient-bitcoin-whale-sells-all-his-coins-amounting-to-10-6m-profit/

Whales have nothing to do with the market trend as there's no anyone who can manipulate the market and makes the market bullish or bearish. If the market will seem to be bullish in a year or two, simply because bitcoin halving is happening and not because some big whales decide to buy a lot or sell a lot that becomes the basis of market trend.

And if we have to analyze the market well, we will know that bitcoin is not following any trend because it needs to be both bullish and bearish at a certain point. And i think there's no problem with that as whatever the price condition of bitcoin, people will see both opportunities whether its price becomes bearish or bullish.

Whales won’t be in such title iif they are not big enough to createa ‘wave’ with the market prices of cryptp. If they happened to make an action following a news, FOMO would follow to investors which will definitely create a trend bot not as large as with the actual bullrun. Bullrun and Bearish trends are determine by many factors and that includes events, volume, and demand. Also bitcoin follows a trend; if it doesn’t then its market price should be too volatile in our eyes. Volatility is innevitable simply because demand and supply are the main determinants of a market price and given that it changes often.A trend is just a combination of many things but we cannot put whales aside as contributors to support a demand and market price increase of cryptos.

[wallet4bitcoin]

Source
https://cryptotale.org/bitcoin-whales-accumulate-71155-btc-in-6-weeks-nearing-all-time-high/

They have accumulated 71555 btc in less than 6 weeks. Is this a sign of coming bull run now ?

Most of those accumulations are from investment companies, and also investors who consider bitcoin as a value buy it and store it as value.
Those who missed out on it earlier are now trying to gather all they can and since bitcoin is now being globally accepted, its a good sign that their investment is safe, if they save it for a long time without having issues of it being obsolette. And the total supply isn't enough for everyone to have 1 per person. For now, people can afford to buy as much as they can and keep it as they consider it cheap, if its price hits hundreds of thousands, it will be almost impossible to accumulate it the way they are currently doing.

[serveria.com]

Source
https://cryptotale.org/bitcoin-whales-accumulate-71155-btc-in-6-weeks-nearing-all-time-high/

They have accumulated 71555 btc in less than 6 weeks. Is this a sign of coming bull run now ?

Undoubtedly, now it's high time to accumulate before the halving pump. Regardless of if the final dump is or isn't going to happen, the price is pretty low atm. You are not going to see such bargain prices in the coming 1-2 years. Whales are whales because they know what they're doing.

[mindrust]

It is only natural because the btc halving is near and everybody knows it. If you study the other halvings, you will see that btc price rocketed off afterwards. This halving will not be an exception and therefore people are feont running it. The other reason is the probably the war between Israel and Palestine. Gold is moving up too lately and  we also know that btc and gold move together sometimes. The investors are not blind. They see all these and buying every btc in the market because it makes sense to do so.

[bettercrypto]

Source
https://cryptotale.org/bitcoin-whales-accumulate-71155-btc-in-6-weeks-nearing-all-time-high/

They have accumulated 71555 btc in less than 6 weeks. Is this a sign of coming bull run now ?

This shows that other whale investors are preparing to hold large amounts of bitcoin in the market for the upcoming bitcoin halving next year. Apparently, as long as there is an opportunity to collect them while the price is still low, others are already taking advantage of it because, when its value kicks into the market, it seems that it is difficult to buy because it is expensive.

Let's not be like others, who only buy when Bitcoin rises or becomes expensive in the crypto market. When you're like a passenger left behind by the bus you're driving, it's hard to catch up when that's the situation.

[Blitzboy]

Source
https://cryptotale.org/bitcoin-whales-accumulate-71155-btc-in-6-weeks-nearing-all-time-high/

They have accumulated 71555 btc in less than 6 weeks. Is this a sign of coming bull run now ?

Most of those accumulations are from investment companies, and also investors who consider bitcoin as a value buy it and store it as value.
Those who missed out on it earlier are now trying to gather all they can and since bitcoin is now being globally accepted, its a good sign that their investment is safe, if they save it for a long time without having issues of it being obsolette. And the total supply isn't enough for everyone to have 1 per person. For now, people can afford to buy as much as they can and keep it as they consider it cheap, if its price hits hundreds of thousands, it will be almost impossible to accumulate it the way they are currently doing.

Bitcoin is demonstrating supply and demand. With its capped supply, those in the know are, as you mentioned, scrambling to acquire what they can. Global acceptance? The trend is upward, but is it a bubble?

The claim that long-term investing is safe needs significant consideration. Global acceptability, technical advancement, political landscapes, and economic shifts are all important. Can an asset so unpredictable and exposed to so many external pressures be safe? Accumulators are smart yet risky. Every viewpoint must be properly assessed, especially when so much is at risk.

[Yamifoud]

It is only natural because the btc halving is near and everybody knows it. If you study the other halvings, you will see that btc price rocketed off afterwards. This halving will not be an exception and therefore people are feont running it. The other reason is the probably the war between Israel and Palestine. Gold is moving up too lately and  we also know that btc and gold move together sometimes. The investors are not blind. They see all these and buying every btc in the market because it makes sense to do so.

People had already anticipated such a possible thing to happen and they accumulated some while the price had not yet skyrocketed.
So while many were getting into such thinking, price increase is what we gonna expect and here we are now, the current price is the result of huge demand. Probably not because of war but surging investors while catching the price before it skyrockets. We can expect more price increase as the halving come closer and it continues to rise to the next ATH high.

[Fara Chan]

This could be good time to invest for new investors. But the problem with most new investors ia that they invest when the market is at its peak. They are attracted by all the hype and news coming in TV when Bitcoin reaches all time high. And when the market corrects, they leave in loss and also tell bad things about crypto to their family as well.

New investors like that still don't understand how to take advantage of the moment, so they often enter at the wrong moment and also make the mistake of releasing Bitcoin when the price is low. They should see their own mistakes as an experience, instead of telling bad things about crypto to their family and also those around them and for me this kind of thing is quite strange because some new investors really don't realize the mistakes they have made in the way they invest.

[bayu7adi]

It is a sign of many things. Including:

Growing global awareness and adoption - There is a growing awareness of Bitcoin and people are seeing the rel life effect of holding and not holding bitcoin. They prefer the former.

Halving - People don't want to be on the "wrong" side of history during and after the event. They don't want any bitcoiner to say"I told you so" if they miss it.

It's a flex- If you are a Gen Z or millennial and don't have some bitcoins. You are almost looked at as old school. We know that is the last thing they want to be called.

This could also be pre-bull run hoarding, as news about Bitcoin ETFs seems to be unsettling the market. It's not wrong for some individuals to view this as an excellent opportunity to avoid missing out.

The downside, however, is if such a substantial accumulation of BTC is undertaken by institutional investors who have the potential to create a massive barrier or even initiate a Bitcoin dump when the market turns bullish. As usual, price manipulation in an asset can indeed occur, and Bitcoin is not exempt from that possibility.

On the rest of the points you've made, I concur.