Bitcoin whales move more than 111,000 BTC in 24 hours.

[ahmedo24]

I tried looking for the footer that followed the topic, I got lost getting directed to several other pages of people's comments, thanks for enlightening me.

Next time just click on the first page of the thread just for you have idea on the subject of discussion to enable you contribute meaningfully. Best of luck dear.

 

[Thinker009]

If those whales should sell the Bitcoin they have , I think it would surely affect the price of Bitcoin negatively , so I really do expect the price of Bitcoin to improve more in coming days if investors purchases more

 

[Sotherefore]

If those whales should sell the Bitcoin they have , I think it would surely affect the price of Bitcoin negatively , so I really do expect the price of Bitcoin to improve more in coming days if investors purchases more

These are the people that directly have an impact and effects in the price of cryptocurrency. People who have more than 1,000 bitcoins is capable of manipulating a particular coin to his or her test.

 

[Kelly5]

It only go to show you that there is really something to be watchful for in the cryptocurrencies environment. Because this types ofoves don't just happens randomly but calculated

 

[Elfinito]

Thank God it's a move and not a dump.
This would see a rise in the price of the coin.
When there is a large move of coins, it's gives a rise in the price

 

[joy101]

That is really good amount that bitcoin this show that the price of bitcoin will continue in the market, so that the investors can make good profit from it.

 

[Oliver4smile]

The sum amounts to more than $4.8 billion, which is a large amount. According to the tracker Whale Alert, several transactions have been recorded with amounts ranging from 10,200 BTC to 10,400 BTC each.
Importantly, Santiment also reported that Bitcoin whales with between 100 and 10,000 BTC in their wallets, hold 49.11% of the total Bitcoin supply.

Thanks for the update, really appreciate the information. I love it when other members writes posts about updates such as the one you wrote in this thread, it is so informative.

 

[Sariana23]

Thanks for the update, really appreciate the information. I love it when other members writes posts about updates such as the one you wrote in this thread, it is so informative.

It is very rare that I create a thread, at least one that is not found on Bizdustry and is really interesting, that catches my attention @Oliver4smile, and this is one of the cases. I'm glad you liked it.

 

[Kingstone]

And that explains the volatility of cryptocurrency especially when the whales make a sudden decision to remove most of their coins. We only hope that the price of Bitcoin will not fall in the coming months.

 

[Sariana23]

And that explains the volatility of cryptocurrency especially when the whales make a sudden decision to remove most of their coins. We only hope that the price of Bitcoin will not fall in the coming months.

We are with the same desire, for now the price of bitcoin has risen and has been maintained, I hope that in the coming months it will be maintained and that the other cryptocurrencies will follow bitcoin in its rise or stability.

 

[Sotherefore]

Wow, they are the one that are indirectly controlling the cryptomarket because having power to control such a huge amount of bitcoins shows that they can manipulate the market anytime, it is better for smaller investors to be very careful.

 

[Sariana23]

Wow, they are the one that are indirectly controlling the cryptomarket because having power to control such a huge amount of bitcoins shows that they can manipulate the market anytime, it is better for smaller investors to be very careful.

As you describe it, one should be very cautious, as these whales can change the direction of the currency at any time, and the most affected will be the small investors, if they do not keep an eye on the movements.

 

[Sotherefore]

As you describe it, one should be very cautious, as these whales can change the direction of the currency at any time, and the most affected will be the small investors, if they do not keep an eye on the movements.

Yes it is possible because pumping in so much money like that into cryptocurrency can manipulate the market, they could have been a significant differences if this really happen in other smaller cryptocurrencies, they are the one that are making making coin trading more volatile

 

[Sariana23]

Yes it is possible because pumping in so much money like that into cryptocurrency can manipulate the market, they could have been a significant differences if this really happen in other smaller cryptocurrencies, they are the one that are making making coin trading more volatile

That is the reason why I have limited myself with small investments, at the given time I withdraw the capital and profits. I do not have the time or enough knowledge to trade and risk considerable capital at present.

 

[Sotherefore]

That is the reason why I have limited myself with small investments, at the given time I withdraw the capital and profits. I do not have the time or enough knowledge to trade and risk considerable capital at present.

When you are not trading you can actually invest your money in there for a long time to get profit within a period of more than one year, with this there will be a reasonable profit instead of saving your money in the bank .cryptocurrency is more profitable than saving in the bank when you are investing in a good crypto currency

 

[Sariana23]

When you are not trading you can actually invest your money in there for a long time to get profit within a period of more than one year, with this there will be a reasonable profit instead of saving your money in the bank .cryptocurrency is more profitable than saving in the bank when you are investing in a good crypto currency

Your point of view is right @Sotherefore, as in my case I left a small amount in a cryptocurrency for 6 months and the result exceeded my expectations. Something that would not have happened if I had left the money in the local bank.

 

[Sotherefore]

Your point of view is right @Sotherefore, as in my case I left a small amount in a cryptocurrency for 6 months and the result exceeded my expectations. Something that would not have happened if I had left the money in the local bank.

Wow,You can imagine that you actually make some money from your little investment and is something you didn't even expect, a lot of people still believe cryptocurrency is a scam but I don't really blame them because they are losing a lot.

 

[Sariana23]

Wow,You can imagine that you actually make some money from your little investment and is something you didn't even expect, a lot of people still believe cryptocurrency is a scam but I don't really blame them because they are losing a lot.

Of course, as long as people are afraid of losing their capital, or do not have such money available to invest, they will not have the opportunity to profit from investing in cryptocurrencies.

 

[Sotherefore]

Of course, as long as people are afraid of losing their capital, or do not have such money available to invest, they will not have the opportunity to profit from investing in cryptocurrencies.

That is quite a different thing, i may not really have money to invest so much in cryptocurrency but I believe the cryptocurrency is good and I encourage a lot of people to invest ,there are some people that do not even believe even if they have millions, they can't even imagine investing their hard-earned money in cryptocurrency.

 

[Sariana23]

That is quite a different thing, i may not really have money to invest so much in cryptocurrency but I believe the cryptocurrency is good and I encourage a lot of people to invest ,there are some people that do not even believe even if they have millions, they can't even imagine investing their hard-earned money in cryptocurrency.

It is very true, I have a cousin with a very good economic stability, but he flatly refuses to invest in cryptocurrency. He thinks there is a real risk and does not agree to risk his capital, which I respect.