Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Whale Withdraws $89M BTC, Despite Bloody Market
by
aioc
on 25/11/2019, 03:47:07 UTC
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Look guys, I know how it feels when we are in a bloody market. Correct me if I’m wrong, but there will be two scenarios about this Bitcoin whale:

Scenario 1: He bought it at a higher price and withdrew it while Bitcoin is on a bloodbath.

Scenario 2: He bought it at a lower price years ago, and withdrew it without even have to worry about the bloodbath.

If there would be another scenario, what would it be? Can you share it here guys? Thanks in advance!

I prefer the second scenario because it already happens so many times in the past, where these whales are doing exit profit since it's holiday and they can't wait for the next halving I'm sure that they still have Bitcoin in their wallet.
Another scenario is these newbies who did not invest what they can afford to lose and are afraid of the doomsday scenario, like losing their investment.