4500 is not a big amount though. I bet there are thousands of people who have more than 1000 bitcoin.
It seems to be more than 2200 wallets holding at least 1000 BTC currently. (
source)
Each wallet is not a single person so roughly 500-1000 actual people would be a good estimate.
A whale has transferred 4,500 bitcoins, equivalent to $ 50 million, from its wallet to Bainance Exchange. No information is available on the identity of this whale and its intention to carry out this transaction.
Market analyst Josh Rager has a bearish view, believing that the price of bitcoin will fall below $ 10,000. He added that this price correction does not surprise him, as Bitcoin has a long history of recording 30% corrections.
I have learned not to care much about analysts' predictions although I do take some into consideration. Anyway, there are traders and there are hodlers. This bearish case you bring does not affect the second. Perhaps we are at the top, perhaps we may move higher. There is actual institutional interest this time. I wouldn't sell if I was this whale.