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of market moves on Reddit forums, theyre ultimately in the dark on the whales plans and motives. Bitcoin, bitcoin whales are out in tubby force. ; 114 million worth of bitcoin transferred to suspected BitMEX wallet Follow Chepicap now on Twitter,, Telegram and Facebook! #zionvault now also helps the #Stellar network!
And Bill Gates owned more than 1 of all Microsoft shares until selling most of them over the past years. Reddit has also taken upon serious detective work on several occasions to unearth the motives behind such moves. The data may be pointing towards widespread retail accumulation, but some analysts argue that cryptocurrencies have yet to ripen for investors to scale into long-term positions.
Total, the gargantuan majority of the BTC is being moved out of crypto exchanges, which manner these whales are per chance not planning to promote anytime soon. Featured Image from Shutterstock. A limitation of this study that needs to be taken into account is that it did not include on-exchange transactions. The most up-to-date and serious research about the true nature and impact of Bitcoin whales was published last October by crypto research firm chainalysis. Read more: 9 Bitcoin price predictions for 2019 by crypto experts. In the closing 24 hours, whales occupy moved 197 million. On a notably tendentious article titled, the Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market, the author engages in the following FUD-boosting argumentation line. Bloomberg once tried to infer a situation of large market concentrations from the distribution of bitcoins in wallets. Read more: At what price will Bitcoin make Satoshi Nakamoto the world's richest?
Bitcoin spike was led by market whales, TokenAnalyst
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