Post
Topic
Board Speculation
Merits 3 from 3 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JimboToronto
on 09/02/2024, 18:33:37 UTC
⭐ Merited by vapourminer (1) ,Hueristic (1) ,JayJuanGee (1)
Some here remember the infamous bearwhale (who dumped 30K btc at $330 in 2014).
Who knows why? maybe needed 10 mil back then Grin, but it is $1.4 bil now, haha.
Here is a reference, but I remember it as it was yesterday (crazy action):

https://news.bitcoin.com/8-years-ago-today-bitcoin-traders-slayed-the-infamous-bear-whale-who-dumped-30000-btc-in-a-single-trade/

EDIT: that guy crawled back to the market at $1000, lol.
EDIT2: Another point to make is that although the community rightfully celebrated, the price dipped to around $170-175 in about three months and then revisited around $200, many months later in Aug 2015 or thereabout, but the bearwhale did NOT buy that dip.

https://www.youtube.com/watch?v=tnbnq33DZ1Q