Post
Topic
Board Bitcoin Discussion
Re: Follow up to previous question of BTC storage
by
FortuneFollower
on 24/02/2025, 09:30:16 UTC
So could a billionaire buy a million BTCs and try to pump and dump BTC to control the value like they do in the stock market Dark Pool? I am learning a lot here. Thanks for your inputs.

Market laws also apply in the crypto market, the same as the stock market. So it could be that someone who has millions of Bitcoins does a pump & dump on Bitcoins. The question is, who is the person who can own millions of Bitcoins? even the accumulation of ETFs alone can only collect around 1.3M Bitcoin[1].

[1] https://treasuries.bitbo.io

And ETFs are regulated from such a thing, we shouldn't forget that.