I just saw on a publication that 1st rank wallet was Satoshi Wallet, with 1.1 million BTC in it. After comes Binance exchange with 500k btc, blackrock, us government, micro strategy
Is this Satoshi wallet in question you are talking about an individual owned wallet or a blockchain wallet exchange network like the mentioned Binance?
Any one have an idea of what can happen if theses 1.1 Million BTC are sold at once ? Is bitcoin in danger because a wallet hold that much ? Do you think theses bitcoins are lost for ever ?
Definitely it would disrupt the plans for short term investors goals and reassigns to threshold for investors initiating long term goal as a result of Bitcoin price drop which would cause Investors sentiments.
Invariably its benefits may maximize opportunities for more enthusiasts to embrace the Bitcoin market while aggressive investors may sell at lost due to time factors.