Meet the whales: Bitcoin’s biggest holders and their market influence

Summary: A small group of companies and individuals, known as "whales," hold a large percentage of Bitcoin's current supply, leading to concerns about Bitcoin's decentralized distribution and its original purpose of erasing the influence of governments and traditional financial institutions; key whales include Satoshi Nakamoto, Tim Draper, the Winklevoss Twins, Michael Saylor, Changpeng Zhao, and several public companies, private institutions, and even governments.

crypto.news

Relevant topic timeline:

8/24/2023

Here Are Four Crypto Assets That Whales Are Actively Buying Right Now

Whales are actively acquiring various digital assets, including Ethereum, Lido, Uniswap, and Aave, which could indicate bullish trends in the crypto market.

8/25/2023

Over Trillion Shiba Inu Tokens Flood into Whale Wallets, But There's a Surprising Twist

Over one trillion SHIB tokens have been accumulated by Shiba Inu whales in just 24 hours, signaling a potential shift in the popular cryptocurrency's ecosystem, although the majority of these whales are affiliated with exchanges, suggesting a possible selling event and bearish sentiment.

8/25/2023

Mysterious Bitcoin Whale Abruptly Moves Over $134,000,000 in BTC – Here’s Where the Crypto’s Headed - The Daily Hodl

A Bitcoin whale has moved $134 million worth of BTC out of a centralized exchange, coinciding with a decrease in the amount of BTC sitting in exchanges and an increase in whale transactions.

8/26/2023

Bitcoin Price Prediction as $10 Billion Sends BTC Up 1% – Are Whales Buying?

Bitcoin's recent surge in value may be attributed to a $10 billion investment by whales, Robinhood's involvement in a $3 billion Bitcoin purchase, and JPMorgan analysts predicting an end to the crypto bear market.

8/27/2023

Bitcoin price stability creates lucrative setups in TON, XMR, MNT and QNT

Bitcoin's velocity has decreased to a 3-year low, potentially suggesting that whales are holding onto their positions rather than transferring ownership to new investors. Meanwhile, select altcoins like Toncoin, Monero, Mantle, and Quant are showing signs of strength and could present short-term trading opportunities depending on Bitcoin's next move.

8/27/2023

Bitcoin: Why you need to be prepared for wild price swings

BTC's illiquid supply now makes up 80% of the total BTC tokens in circulation, indicating a shift towards long-term investment, while low exchange volumes could lead to volatile price swings; Bitcoin whales have begun adding to their stockpiles, signaling confidence in an upcoming bullish trend.

9/1/2023

Large Bitcoin Holders Accumulate $1.5B Worth of BTC as Price Wavers

Large BTC investors, known as "whales," have increased their holdings by $1.5 billion in the last two weeks of August, indicating organic buying demand and optimism among institutional investors as the approval of bitcoin exchange-traded funds (ETFs) approaches.

9/5/2023

Crypto Whale Abruptly Crashes Price of Ethereum-Based Altcoin Swapping to Stablecoins: On-Chain Data - The Daily Hodl

A deep-pocketed investor caused a price collapse of an Ethereum-based altcoin by selling off their token holdings, while another whale bought up a large amount of Ethereum, helping it to form a bottom.

Topics

Posted 8/25/2023, 2:54:17 PM

Meet the whales: Bitcoin’s biggest holders and their market influence

crypto.news

Relevant topic timeline:

8/24/2023

Here Are Four Crypto Assets That Whales Are Actively Buying Right Now

Whales are actively acquiring various digital assets, including Ethereum, Lido, Uniswap, and Aave, which could indicate bullish trends in the crypto market.

8/25/2023

Over Trillion Shiba Inu Tokens Flood into Whale Wallets, But There's a Surprising Twist

8/25/2023

Mysterious Bitcoin Whale Abruptly Moves Over $134,000,000 in BTC – Here’s Where the Crypto’s Headed - The Daily Hodl

A Bitcoin whale has moved $134 million worth of BTC out of a centralized exchange, coinciding with a decrease in the amount of BTC sitting in exchanges and an increase in whale transactions.

8/26/2023

Bitcoin Price Prediction as $10 Billion Sends BTC Up 1% – Are Whales Buying?

8/27/2023

Bitcoin price stability creates lucrative setups in TON, XMR, MNT and QNT

8/27/2023

Bitcoin: Why you need to be prepared for wild price swings

9/1/2023

Large Bitcoin Holders Accumulate $1.5B Worth of BTC as Price Wavers

9/5/2023

Crypto Whale Abruptly Crashes Price of Ethereum-Based Altcoin Swapping to Stablecoins: On-Chain Data - The Daily Hodl