A massive bitcoin whale has moved a quarter billion worth of Bitcoin from a very old address. What will this mean for the price of Bitcoin?
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Whose to say the whale/whales isn't the Govt manipulating BTC out of existence? I doubt it, just sayin' who knows what's going on, no one but the manipulators…
It's an OTC sale to some institution.
This happened last week
Sell Bitcoin as soon as possible … will be declared illegal and will collapse along with almost all cryptomonedas (except for BSV that will resurge from the ashes like the Phoenix and will be something like never seen) … buy Bitcoin SV (BSV ), will be the only bit of the future … I changed to this position about 3 weeks ago … I am informed of sources that few follow … if you do not believe me, little by little reality will tell … I I have fulfilled in letting you know …
BTC will go down to less than a thousand and never get up again … and this will happen before the first months of the next year … go to BSV … BSV (Bitcoin SV) is already surpassing Bitcoin Cash and Tether, goes by Stellar and in a few weeks he will threaten Ethereum and XRP to face face to face with BTC giving him Checkmate! (2019) …
I'm gratefull for the people that love me, my mom especially.
that whale is about to sell son…. nobody is buying!
stock market is super volatile. tariffs are scaring investors. so people with money are trying to find safer places to put their money to weather a storm
So, the good news is that Capitualtion and depression are right around the corner. The bad news is that Capitulation and depression are right around the corner.
I'm not grateful for much , except that I'm free, alive and able to watch this.?
Probably Bakkt needing a loan of BTC
No whale is going to dump on open market.
Price dump is coming …noobs smh
That whale is probably buying xrp right now
If we see the price going down. Lol You don't know it's gonna go back up.
Most likely it's wallet security maintenance
What a freak
I like ice cream
2 kids
Hi Lark. I think to accumulate Bitcoin, a whale needs some spending power to push prices down just below levels of support to trigger stop losses. They need supply to do this. Once the stop losses (market orders) are triggered, they have limit orders in place to gobble up all the cheap Bitcoin. According to Wyckoff Theory, the three events would be secondary test; secondary test in accumulation; and spring. I believe accumulation of this nature is very bullish and indicates a very strong rally. According to my observations (my opinion), we are now in the second stage of accumulation ie. "secondary test in zone B'. I think this will all be over before BAKKT launch in January.
Dya think he means the Welsh ? (WALES) ? When the price is low it's time to buy….. When the price is high it's time to sell here endeth the lesson.
http://www.cryptocynews.com
What about the 35,400,000 LTC move (60% of all LTC market) on Nov. 30? https://todaysgazette.com/60-of-litecoin-ltc-entire-market-cap-moved-in-just-a-single-day-bakkt-fingered-in-the-move/
Last time I dismissed something like this I was, "Naaaa. they wont dump" 5 days later.. DUMP..
fucking idiots think they are economists, they are just tech losers who think they are going to make money.
$250 millions? Absolutely I would cash them immediately! Cash is always king!
Why moving when your not planning to sell? Only thing is to do it without waves to keep up the price. Looks like this tree is going down Timberrr lol
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It's Bobby Axelrod!
Its Hillary Clinton cashing out before she gets arrested.
To say that price is going to rise again "some day," without any technical indications of that, is an extremely flawed and dangerous way of thinking. Rather, you should be thinking that price will NEVER recover, until the market SHOWS you that it will.
250mil isnt a massive amount.. i dont get this?
No. Whales are busy to sell their coins before bitcoin price lower than now. Please tell the truth with concrete evidence.
We are all pioneer here – even though I am down big time – I am proud to be part of this movement!
life itself:)
Grateful for the good relationships in my life, family, mobility, the freedom that bitcoin has given us for when the shit hits the fan, and all the great people helping educate folks about it.
Maybe that whale just want to scare the hell out of us. After all, it just costed him $40 for it.
500 free NSG token look fore and aft…
http://www.umustsee.net/VON2
Fartwhistle
Maybe some kid is cashing out the inheritance