24,000 BTC was sold recently from unknown wallet. And Satoshi Nakamoto is the suspect of the huge sale. But I don't think it is Satoshi Nakamoto because the wallet accumulated BTC from 2019 but Satoshi Nakamoto started his from 2009 so it is not him. Probably it an another whale.
Some of the onset investors will sell in this period.
Some of the onset investors will sell in this period.
Shitcoins creators are the once bring up this news to make people believe the same thing they are doing is same thing the creator of Bitcoin is doing.
The way the creator of Bitcoin which is satoshi nakamoto did you will know his not a froster he didn't create Bitcoin and make people invest and later he sold all his coin and making the coin to drop, even if his alive and selling his coin now is not affecting anyone he has accumulated enough so he can sell if he wishes his not like shitcoin creators who will scam people by making them invest and when the coin start growing in value and price the creator being the highest holders sells all there coin and making it to drop and those that were holding loses there money.
Bitcoin can never be like those shitcoin no matter how they try to make up story's it won't prove anything.
So the story of 24, 000 bitcoin sold from unknown wallet can be from anybody, there are millions of persons that have invested in Bitcoin over the years and have accumulated a large volume of it, so for the fact that there was a big sale doesn't mean it was Satoshi Nakamoto. Let's just assume though not conceding that it was satoshi Nakamoto that made those sales, my question is, how has it wrongly affected the value of the asset? I believe the answer will be, there has not been any negative effect.
Bitcoin is still the way it is, by the way when is selling one's Bitcoin now becomes a wrong thing to do if you have accumulated enough Bitcoin and you wish to start selling there's nothing wrong with that, there are people who has accumulated enough Bitcoin and they now sell and use the money for there weekly or monthly expenses.
If you have accumulated enough Bitcoin and you wish to start selling please do however if you have accumulated enough and you still wish to keep hodling till Bitcoin hit $500k no problem is also a nice move.
The people who are to keep accumulating and hodling are people who has not Accumulated enough however no body will force you to keep hodling if you desire to sell what we are doing is only advising you so you won't regret later.
No amount of news about people selling there Bitcoin will affect Bitcoin growth the more sell is been made the more people are accumulating and hodling, Bitcoin has gotten to a point where those people try to stop it can't anymore right now a lot of government are in support of Bitcoin growth.
It is only people who don't know about Bitcoin and it's history will be threaten by those news, someone said the way people are selling there Bitcoin very soon Bitcoin will fall and I told him people has been selling and buying Bitcoin for over 10 years now and it has not affected Bitcoin growth so is not a new development it has been happening, when you know Bitcoin and it's history all this news and talks won't bother you.