Quote from: cxtreenal on Today at 04:33:02 PM

Quote from: LFC_Bitcoin on Today at 03:38:48 PM

Surely it’s just a short matter if time until an explosive upwards move.

@BTC_Archive
Bitcoin whales bought 1% of the total supply in the last 4 months.

Big money is stacking 🚀

https://x.com/btc_archive/status/1950942221521297835

If the whales in the market continue to increase their willingness to buy Bitcoin, then the worth of Bitcoin will continue to increase in the future. The statistics for the last four months are such that those whales have accumulated 1% of the existing supply of Bitcoin and I think they will continue to accumulate until their goal is met. The worth of Bitcoin could further provoke the possibility of $180k -$200k before the end of this year.

More source: https://decrypt.co/332924/bitcoin-whales-1-percent-circulating-btc-supply

Notice that they refer to >10 btc as a "whale".

Quote

Bitcoin whales holding between 10 and 10,000 BTC...

The cutoff used to be 1000 btc...shows how much bitcoin has moved up in price, especially in five years since 2020.

Personally, I am not sure that 10 btc is a true whale as it is "just" 1.18 mil...maybe 100btc is a whale now...or maybe still about 250-255 btc (an equivalent to about $30mil-a minimal requirement for UHNWI).