Quote from: ImHash on June 12, 2017, 11:19:43 PM

Yup all good for us and bad for big boys, those with 200K+ bitcoins when price increases $1 they earn $200K profit potentially, when price drops $5 they are losing $1M potentially, it is indeed very hard to imagine the feelings of such a whale when price drops $200/ $400 then he/she will eat up himself/herself to the bone because of the potential loss of $40M/$80M that is a huge difference when you think about it.

When price drops 10% (~$300 today), they lose 10% value on paper, same as everyone else. Yes, it's more $$$, but they still keep 90% of the value, and their net BTC worth has tripled since March, just like any other holder from then or earlier.