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Author Topic: What happens when the big Bitcoin whales stops buying?  (Read 144 times)
Marvelockg (OP)
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May 27, 2024, 10:49:16 AM
 #1

Buys and sells of bitcoin plays a great role in ascertaining how bullish or how bearish Bitcoin is and when the big whales buys Bitcoin, it lends an assured sense of legitimacy to Bitcoin, provides liquidity to the market and  goes a long way to improve the overall market sentiment which will go on to influence bitcoins price positively.

The question is, what happens when they stop buying?  It's possible these big whales might at some point reach there limits or for some reasons they might stop buying and just decide to keep holding or maybe sell there bitcoin at the point. what's going to be the fate of Bitcoin in that instance?

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May 27, 2024, 11:03:40 AM
 #2

Buys and sells of bitcoin plays a great role in ascertaining how bullish or how bearish Bitcoin is and when the big whales buys Bitcoin, it lends an assured sense of legitimacy to Bitcoin, provides liquidity to the market and  goes a long way to improve the overall market sentiment which will go on to influence bitcoins price positively.
The market has buyers and sellers, big and small investors, traders with different capital size and order sizes they can put for purchase and sell on the market.

Price in the market is decided by balance between buyers and sellers and their capital that is shown in trading volume and price will move upward or downward if balance between buying and selling leans toward one side.

Quote
The question is, what happens when they stop buying?
The market will be alive, not dead. Price as said, will move up or down, depends on Demand and Supply Principle. If demand is higher than supply, capital from buyers is bigger than what sellers are ready to sell, price will move up. Oppositely price will fall down and it is what we will see when whales stop their buying, start to sell, and retail investors can not absorb selling pressure from whales.

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May 27, 2024, 11:05:19 AM
 #3

Buys and sells of bitcoin plays a great role in ascertaining how bullish or how bearish Bitcoin is and when the big whales buys Bitcoin, it lends an assured sense of legitimacy to Bitcoin, provides liquidity to the market and  goes a long way to improve the overall market sentiment which will go on to influence bitcoins price positively.

The question is, what happens when they stop buying?  It's possible these big whales might at some point reach there limits or for some reasons they might stop buying and just decide to keep holding or maybe sell there bitcoin at the point. what's going to be the fate of Bitcoin in that instance?

Basic answer is there would be a slow demand will come up with bitcoin and that possibly can affect the price of bitcoin to rise. Or maybe this will cause a decline for sometime since people might think about that there's something wrong happening on bitcoin since the whales is departing so it can possibly create some panic attack to a lot of people holding bitcoin for some instances.

Hopefully those scenarios on your mind will happen since we will see a long drought for bitcoin since it will wait for surge of demand before it rise up again.

But I doubt this scenario will happen since those institutions or whales will not drop bitcoin since this is already been established investment for them and I believe they can earn more rather than spending their wealth on other type of investment.


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May 27, 2024, 11:05:23 AM
 #4

The question is, what happens when they stop buying?  It's possible these big whales might at some point reach there limits or for some reasons they might stop buying and just decide to keep holding or maybe sell there bitcoin at the point. what's going to be the fate of Bitcoin in that instance?
Always apply the law of supply and demand. If there are fewer buyers then the demand will be lower and that will result in a lower price of Bitcoin. Although this is very unlikely that they'd stop buying because we're still here, the shrimps in the big ocean of this market will buy all of those cheap Bitcoins then.

But with halving and ETFs, I don't think that the demand will be even lower this time because we're on the cycle and this is gonna be a bull run. And if they decide to sell Bitcoins, it's still the same thing, there will be more supplies in the economy that will result in cheaper BTCs too.

While with this kind of situation, maybe we'd get some view of it on the bear market but that's going to take time.

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May 27, 2024, 11:26:20 AM
 #5

Don't underestimate the retailers.

Even it's true whale is one factor that make Bitcoin price can be so high, but if they choose to hold and didn't sell their coins, I don't think the market will go anywhere. It will be same since Bitcoin is still scarce, which make the retailers can only buy from other retailers and miners.

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May 27, 2024, 11:34:56 AM
 #6

what's going to be the fate of Bitcoin in that instance?

Bitcoins market It's an open market, there will always be investors that are wanting to buy more and continue accumulating. The situation you describe seems a bit less valid, except in cases where the coin or crypto turns out to be a scam of which Bitcoin isn't. Just as @sunsilk said, always try applying the laws of demand. As long as there are people to buy and sell, there will always be demands and supply. But if there's demand and no seller, it will cause scarcity which inturn, will drive the price of Bitcoin in the upward direction.

R


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May 27, 2024, 12:01:37 PM
 #7

Buying and selling of Bitcoin will never stop, it is how the market is designed to progress. With the approval of Bitcoin ETF, now is a very wrong time to ask this question because big capitals are already committed to Bitcoin. Instead of worrying about the participation of big capital, focus more on securing your portion of Bitcoin to be able to take advantage of future price gains that will begin to manifest in coming months. Bitcoin has gain huge awareness and I fell it will only get better from here.

R


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May 27, 2024, 12:42:46 PM
 #8

But I doubt this scenario will happen since those institutions or whales will not drop bitcoin since this is already been established investment for them and I believe they can earn more rather than spending their wealth on other type of investment.
The only possibility that I can think of  that would make a big investor stop buying Bitcoin is if bitcoin protocol encounters any significant vulnerability.

Aside from this, the present and future prediction is that bitcoin's potential is too significant to ever make a whale look the other way and stop buying. - a global adoption, it is a store of value, it's limit in supply and others.

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May 27, 2024, 12:54:09 PM
 #9

No body gets enough of himself so let me just put it straight to you that the whales will keep on buying inasmuch as the market is progressive however if for any reasons whales stops buying, the market continues but the demand will reduce so also will the supply but the price of Bitcoin will be appreciating gradually unlike when whales buys and there is a huge impact in the price of Bitcoin almost immediately, so buying and selling continues regardless of who comes and who leaves only that the market will tend to slow down but inasmuch as the asset is still valuable there's no how the market will crash totally.

Just like Gold, since the discovery of gold have you ever heard that people stopped buying Golds, then those that always afford to buy Golds are they not the rich and wealthy ones in our society? So for the fact that it's something of high value the quest to own it still continues no matter how many of it you've got in your custody because you already know that rather the value to decrease, it still increases and the more it becomes more scarce, the higher the demand and value as the price will also increase. If whales stops buying Bitcoin that means they've found another asset higher than Bitcoin of which for now there is none.

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May 27, 2024, 12:59:44 PM
 #10

...and when the big whales buys Bitcoin, it lends an assured sense of legitimacy to Bitcoin, provides liquidity to the market and  goes a long way to improve the overall market sentiment which will go on to influence bitcoins price positively.
Bitcoin already has every layer of legitimacy it needs from the network and that attracts all levels of investors. Whales buy in cause they already consider it legitimate.
All purchases are also anonymous, except for when a company buys and announces it, so no one is waiting around to see who buys to trust bitcoin. You do not even need to trust, just to verify.

The question is, what happens when they stop buying?
There is no select group that can impact the market. Bitcoin is the largest cryptocurrency which is traded in exchange for billions of USD every day.

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May 27, 2024, 02:05:40 PM
 #11


The question is, what happens when they stop buying?  It's possible these big whales might at some point reach there limits or for some reasons they might stop buying and just decide to keep holding or maybe sell there bitcoin at the point. what's going to be the fate of Bitcoin in that instance?
Simply put, bitcoin will always remain bitcoin whether the big whales buys or sell but the fact is bitcoin cannot vanish because some set of investors left the market.

Sure there will be a big impact in the market for bitcoin once the big whales decides to sell, the market will have a temporary bearish sign but that would not last for long then there will be a price correction. In this you can validate the law of demand and supply, once big holders sells out there bitcoin hodlings, the supply becomes so increasing that the price of the goods (bitcoin) will decrease but if they buy the market because bullish immediately but a price correction will be seen in sooner than we might expect it.

Conclusively nobody determines any thing for bitcoin not even the do called big whales, so whether they are out or in bitcoin still remains bitcoin and not will happen to it.


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May 27, 2024, 02:11:03 PM
 #12


It would be misleading to think that whales are currently investing in Bitcoin. Many of them have begun preparing to sell, with some already executing transactions. The rest relies on exchanges and social media to generate hype, attract traders, inflate the price, and subsequently unload their holdings onto the market until bears to purchase again. That's the reality of the situation.

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May 27, 2024, 03:57:59 PM
 #13

That's just an assumption in my opinion cause bitcoin would always have big investors coming g into it, but if that were to happen I think bitcoin would continue with the power of retail investors and might take longer for big price changes to occur, but I don't see that happening cause bitcoin still remains a main asset for many big players and its still very early, a lot of whales are still trying to dominate or want to control the market hence there are still very interested in buying.

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May 28, 2024, 04:22:12 AM
 #14

The question is, what happens when they stop buying?  It's possible these big whales might at some point reach there limits or for some reasons they might stop buying and just decide to keep holding or maybe sell there bitcoin at the point. what's going to be the fate of Bitcoin in that instance?
the question now is, who are these big whales? When did they start becoming a major player in the overall  Bitcoin market capitalization?

Note that some of the people you refer to as the big whales were not even on the same page with earlier Bitcoin enthusiast but later became more interested with Bitcoin along the way. Before they even joined the Bitcoin system, Bitcoin wasn't doing bad at all and even for any reason they stops buying Bitcoin, there still remains thousands of people that are still part of the Bitcoin network. Know that apart from the individuals and some institutes that are part of the big players in terms of there ability to holding a major chunk of Bitcoin compaired to others, exchanges like binance are still among the key players that aren't ever thinking of selling anything any time soon. And even when you combine all the amount of Bitcoin that's at the disposal of these but whales and even some exchanges, it's not even up to 20% of the total numbers of Bitcoin that's in the public domain.

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May 28, 2024, 07:54:40 AM
 #15

Buys and sells of bitcoin plays a great role in ascertaining how bullish or how bearish Bitcoin is and when the big whales buys Bitcoin, it lends an assured sense of legitimacy to Bitcoin, provides liquidity to the market and  goes a long way to improve the overall market sentiment which will go on to influence bitcoins price positively.

The question is, what happens when they stop buying?  It's possible these big whales might at some point reach there limits or for some reasons they might stop buying and just decide to keep holding or maybe sell there bitcoin at the point. what's going to be the fate of Bitcoin in that instance?


According to my research on Google the big whales are those with more than 10,000 Bitcoin in their digital wallet and just like you said buying and selling play a big role in Bitcoin i.e demand and supply. The more the demand the higher the price of Bitcoin and this makes Bitcoin to rise. However, whether the whales stop buying Bitcoin or start holding it, that won't stop Bitcoin from existing though it may affect somehow cause they are the major men when we talk of Bitcoin but the reason why Bitcoin won't stop existing without them it because there are people who are ready to buy or invest huge amount of money in Bitcoin i.e  people that  wants to take the big whales space in Bitcoin and funny enough those big whales can never stop buying Bitcoin or investing in it.

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May 28, 2024, 08:37:21 AM
 #16

Don't underestimate the retailers.

Even it's true whale is one factor that make Bitcoin price can be so high, but if they choose to hold and didn't sell their coins, I don't think the market will go anywhere. It will be same since Bitcoin is still scarce, which make the retailers can only buy from other retailers and miners.
Retailers keep the market alive, even though only a small amount of volume is donated when compared to Whales.
Whales are indeed one indicator of whether the price of Bitcoin will rise or even crash suddenly.

If the Whales keep holding their bitcoins without selling anything, it won't be a problem.
But if whales sell, it will be panicked for any retailer because prices will fall, due to low demand and high supply.


Broadly speaking, the factor of falling or rising bitcoin is not only due to the activity of whales, but there are many other factors.
This cryptocurrency is so complex that anything can happen, when whales sell their holdings then the distribution will be more even and many small investors get their bitcoins at a cheaper price.

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May 28, 2024, 08:39:59 AM
 #17

Agree that in the financial market, whales have great influence, but we should not deny the role of retail investors like us and retail investors make up the majority of the market. As long as people still have demand for bitcoin, whether there are whales involved or not, it will not affect the existence of bitcoin.

But I think your scenario will never happen because if whales stop buying bitcoin or they want the market to close then how will they make a profit? This is a financial market and to make a profit, buying and selling will always take place, and how can they make a profit if the market stops?

I even believe that whales, market makers will always find a way to maintain the market, attracting more retail investors because it is their liquidity pool. I don't believe they will stop this market, this seems too unreasonable.

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May 28, 2024, 12:26:23 PM
 #18

Buys and sells of bitcoin plays a great role in ascertaining how bullish or how bearish Bitcoin is and when the big whales buys Bitcoin, it lends an assured sense of legitimacy to Bitcoin, provides liquidity to the market and goes a long way to improve the overall market sentiment which will go on to influence bitcoins price positively.
The more active traders we see, the more possible there is an increasing demand. That is why we hope people don't just invest and hold but also try to keep the market moving through buy and sell. Of course, not like how active trader been doing at least, we take some time to sell if there is an opportunity and invest again.
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The question is, what happens when they stop buying?  It's possible these big whales might at some point reach there limits or for some reasons they might stop buying and just decide to keep holding or maybe sell there bitcoin at the point. what's going to be the fate of Bitcoin in that instance?
Actually, whales have a huge impact in the crypto market but not just the only hope to see the market stay. Of course, small investors' participation has also contributed to the market movement. So, let us assume that if whales stop buying, obviously there is a huge market decline but that doesn't mean it will die. Small investors take the wheel and drive it up.
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May 28, 2024, 02:40:02 PM
 #19

According to my research on Google the big whales are those with more than 10,000 Bitcoin in their digital wallet and just like you said buying and selling play a big role in Bitcoin i.e demand and supply. The more the demand the higher the price of Bitcoin and this makes Bitcoin to rise. However, whether the whales stop buying Bitcoin or start holding it, that won't stop Bitcoin from existing though it may affect somehow cause they are the major men when we talk of Bitcoin but the reason why Bitcoin won't stop existing without them it because there are people who are ready to buy or invest huge amount of money in Bitcoin i.e  people that  wants to take the big whales space in Bitcoin and funny enough those big whales can never stop buying Bitcoin or investing in it.
I am not sure if you need to have 10k to be considered a big whale, if you have a thousand bitcoins that would be nearly 70 million dollars, isn't that big whale enough? Plus, we are talking about a group of people, no person all by themselves would change the market, but if a whole whale group stops buying then yeah that would mean something to the market.

It means that if we are talking about a group of people who have a thousand bitcoins, that could be as high as a billion dollars combined all together. This is why I believe that whales stop buying bitcoin would mean that the growth would stop, or at least it would be hindered, but that doesn't mean that it would go down, you need them to sell for the price to start going down.

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May 28, 2024, 08:00:11 PM
 #20

Funny that you're asking because what will happen if big whales also stop selling? The market is healthy and everything remains in balance. For one whale selling now is an opportunity to buy something he wants and for his friend buying is an opportunity because, for instance, his parent died an his fortune became even bigger thanks to inheritance.

When one whale stops buying another will start. You can't make everybody leave bitcoin behind just like that, unless you manage to scare people always somehow, for instance by issuing a ban.

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