Original archived Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Scraped on 31/07/2025, 16:47:09 UTC
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-supplyNotice that they refer to >10btc as a "whale".
It used to be 1000btc...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, hence from what i read recently, $100 mil is a new high 'water' mark for UHNWI (used to be $ 30mil) that suggests opening up a "family office".