Record a new record in the number of bitcoin whales

[koussai999 1986]

On 5/1/2020 at 4:45 AM, SuperCrypto said:

Bitcoin whales is a term given to those who own and accumulate many Bitcoin currencies in their digital wallets.

According to a new statistic released by "Glassnode" company specialized in analyzing blockchain transactions, the number of Bitcoin addresses containing more than 10,000 Bitcoins or more has increased, and these whales have held their currencies for more than 111 days, the highest level recorded since August 2, 2019.

This means that the number has risen more than 11% since early March.

 

I think many whales believe that bitcoin is the future currency, so they store it in large quantities because it is an excellent investment and because it may have a big role in the near future.

[Virgil dijk 1431]

It's certain that everybody are actually holding thier coin for halving and soon the price of bitcoin will increase so high and there will be a new record of prices in the crypto market , and many will make profit from the halving.

[Kamila 291]

This means that they are preparing to pump the price of bitcoin if it rises after halving, I also hold bitcoin for several months and hope for this as they do.

[Nezar 7169]

This is a very large percentage of the number of addresses that were used this year by the whales, so I think we will witness a great competition between these people during the coming period, especially after the half-event that everyone is waiting for is over.

[Dark_Sky 8489]

On 5/1/2020 at 6:08 PM, Sunil kumar Behera said:

Thank you for sharing this information my friend but everyone should know this that whales in cryptocurrency can change the price of every coin they are the only members who hold more number of cryptocurrency

Holding too many coins are not a problem to consider as long as they are not dead coins and have a potential to rise in the market.

 

[BTC Future 3946]

Accumulation by whales is obviously meaning that they expect prices have a good chance to grow further. It reduces the risk of investing in Bitcoin and creates excellent terms for a possible bull run. Fingers crossed all point that we might have a fine summer.

[Hasmizara 64]

If whales and bulls are together in the market, then bulls cannot do anything with whales. Whales then raise the price of a very fast currency, at which time investors make a lot of profit. While it is easy to set a new record for the number of bitcoin whales, bulls do not last long.

[SuperCrypto 7193]

4 hours ago, Hasmizara said:

If whales and bulls are together in the market, then bulls cannot do anything with whales. Whales then raise the price of a very fast currency, at which time investors make a lot of profit. While it is easy to set a new record for the number of bitcoin whales, bulls do not last long.

The increase in the number of whales on the market may boost the performance of cryptocurrencies and it appears indeed that bitcoin is a hedge against global economic turmoil and lack of financial and monetary discipline and can continue to attract demand from both small and large investors.

[nykas 2812]

I think it`s happening because of bitcoin halving, more and more people are waiting for this event and big investors reckon that this occasion can influence on price and make them more rich 

[Brand1 1336]

This is very strange and you are right that this record is high. I believe that after issuing these addresses and starting to move the currencies that have been stored and frozen for 111 days, it will help to raise prices significantly significantly.

[Dark_Sky 8489]

On 5/2/2020 at 1:32 AM, kadayakito said:

Yes, the number of whales has increased dramatically and that's an impressive number. This makes me believe that bitcoin is about to repeat the history of 2017. I'm hoping for bitcoin and the signs are good.

I can tell that bitcoin has a great future. 

Luckily we can experience the bull run thus year which is a good opportunity that we shouldn't miss. 

[jamesvince 2389]

Always more earning for whales of crypto market because the manipulation dumped or pumped in both ways these whales earned profit and loss only for small investors because they suffer into huge loss due to liquidation of their account when they do leverage trading. 

[SuperCrypto 7193]

14 minutes ago, jamesvince said:

Always more earning for whales of crypto market because the manipulation dumped or pumped in both ways these whales earned profit and loss only for small investors because they suffer into huge loss due to liquidation of their account when they do leverage trading. 

I think the reason for the increase in the number of whales is the exaggerated bullish outlook that has been hovering for more than six weeks due to the approach of the halving, and it is possible to entice large investors to add bitcoins to their portfolios.

[Syedbesharat 5423]

This looks like the whales are planning again something big for BTC halving they have increase their volume and make big waves during Bull run .Where BTC will be break his previous ATH record.We have to cash this chance which comes once in a life time.

[Magnom 0]

I think that 10,000 bitcoins is really a huge number.. And if this is right so the whales would fight stronder than before to benefit from any pump or dump in the price! Whales' moves are really affect on the price of any coin so we should be aware..

[Zues 1069]

On 5/4/2020 at 1:54 AM, Kamila said:

This means that they are preparing to pump the price of bitcoin if it rises after halving, I also hold bitcoin for several months and hope for this as they do.

I think that it is great that there will be a new record for the whales on cryptocurrency which is great because the price of bitcoin is continuing to pump up and that is great because people can now earn more with that and I hope that all the people who invested in cryptocurrencies will now earn. 

[Treat1234 0]

People are definitely interested in bitcoin and this whales heavily invested in bitcoin because of halving or they have a long term Investments. We hope they would not start controlling the market as they wish

[iloveyobit 6599]

I think that this is good and bad news at the same time because this means that the price of bitcoin will rise due to its monopoly by this conservative and bad because the rate of manipulation in the field will increase.

[Whited35 15285]

On 5/1/2020 at 3:55 PM, AmjadBydn said:

Great news today ! 
I think this will effect in the price of bitcocin in the next few days ! we can notice that the price has increased more than 2000 dollar just in two days !

Whales in the crypto world are the biggest investors. Sometimes, they decided to make the move according to their benefits. You can take a reference like, whale first sell their holdings in the higher price and later they buy back when price gets down and in this way they make the huge profits according to their needs. 

[Zues 1069]

On 5/4/2020 at 6:47 AM, Nezar said:

This is a very large percentage of the number of addresses that were used this year by the whales, so I think we will witness a great competition between these people during the coming period, especially after the half-event that everyone is waiting for is over.

Yes I am sure that people will be competing again at this stage because they are trying to record a new record and it will test their own self on the upcoming halving which they will be competing to have the greatest amount of money that they could have. 

[pablomarwan 3082]

This matter is exploited by the owners of whales in order to aim on the outskirts of approaching and that they have done this process and by that I mean that they sell what they have and then this leads to the imbalance in the market digital currencies.This is not suitable for us small merchants

[Laboni 755]

These whales have a very bad effect on the market. Small traders do not easily understand the manipulation of these whales so they are more vulnerable. But now these whales are not able to affect the market too much. That is why the prices of currencies are rising. All small and big businessmen are making a profit.

[bentayebsalah 2280]

I think whales are constantly growing in the cryptocurrency industry as well as dominating the bitcoin market

[Captain Karim 0]

Oh my god it's a great statistic, this means one thing, the whales keep and store bitcoin for a long time and the price will rise soon, thanks for this valuable information.

[Dark_Sky 8489]

On 5/2/2020 at 12:41 AM, malik6314193 said:

No doubt bitcoin is getting popularity day by day and people are joining it. So new wallets, bew exchange are comming in the market and new record are being created. 

That's right. 

Many people continue discovering cryptoworld because the bitcoin and other crypto currencies hooking their attention also their curiosity about these.