Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
That classification is bs anyway. I posted about this before.
There are 25K blue whales in the world and, according to the link below, you need to have "just" 89 btc to be in the top 25K owners:
https://medium.com/@BambouClub/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95
Total whale numbers the world-about 75K, so the btc number you need to hit to be comparable with a whale (in bitcoiner numbers) is somewhere between 15 and 89, probably around 50, give or take. Maybe numbers are different now, but if anything, the distribution could be flatter.
interesting. yeah i liked to call myself plankton on that scale. but seriously we do need to redo that chart,
although a "whale" to me indicates someone who has enough corn to move the market on occation and 15-90 coins doesnt line up with that.
now, if a sloth were a sea animal i would be all set. the sloth is my spirit animal (well a glonk is a better fit though).