Can't imagine this happening in bitcoin, there will be so much panic including me I will panic.
...
We had 80K btc that has been moved during this month. Pretty much more than...50 milion usd in xrp
Anyways these big movements onchain are something rare, you must always be confident that there is no a "bear whale".
Market volume can absorb much more easily such big volumes.
Yes we could experience all that but not the speculated bitcoin held in by Satoshi. That was one of the those whales moving from cold wallet to another wallet but if it happens with Satoshi that will cause a lot for crisis in the bitcoin world, whether you agree or not.
~~~.
Satoshi holds some bitcoin on his own but he doesn’t have control on all the other bitcoins which is why owning bitcoins is so safe. Satoshi can’t fully control the blockchain. Your coin is your own even if Satoshi made bitcoon, he can’t really sell your coin without your consent or knowledge.
I wont beleive that satoshi movintheir bitcoincsn become the end of the cryptocurrency market regardless of the amount of bitcoin in their possession or what they Satoshi influence is on the entire financial market that suggestsa more intense controlbut not totally the sole control of the market.
So even if the wallet moves it wont entirelyend everything and for that we should not panic so much with such expectations, since realities already proved bitcoin sustain progress without Satoshi involvement.
Yes it wouldn't end everything but the effect might keep a lot of stigma on the people who trusted that bitcoin decentralisation includes the fact that Satoshi has not person reserved bitcoins like other cryptocurrencies with particular owners who can move it at any time and ruin the crypto at once by selling off everything they hold.