Ninjastic
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Board Speculation (Altcoins)
Re: Article Says that Whales Cannot Tank the Market
by
burdalen
on 13/10/2018, 16:23:47 UTC
Quote from: paramind22 on October 10, 2018, 03:53:59 PM
"The bottom line? The role of whales in the Bitcoin market may be overstated. The top 32 whales control around 6% of the supply, but that figure drops to 4.6% when lost Bitcoins are taken into account."

http://fortune.com/2018/10/10/can-the-whales-of-bitcoin-tank-the-market/



It seems to me that banks have the main influence on the market, they just have a lot of wallets, which is difficult to determine who they belong to. Therefore, market manipulation is very difficult to predict, even if you follow the purses of whales.