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Notice that they refer to >10 btc as a "whale".
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).
It is quite amazing how much the wealth seems to go up when a person is holding bitcoin, and surely you are correct that 10BTC just does not have any kind of a whale connotation, even if on a personal level guys with between 10 BTC and 30 BTC are likely getting into reasonable levels of approaching their entry-level fuck you status, and even with bitcoin, it seems that if they have something like 10 BTC right now, then in 2-3 years, the dollar value of that is likely to be double, even if we might be considering something more conservative like the 200-WMA as a means to valuate our bitcoin holdings.
I am not really sure what is the difference between a whale and filthy rich status. I have tentatively put filthy rich status as having $100 million or more of wealth, but yeah, perhaps a whale could still be quite a bit less than filthy rich status in order to still be considered a whale.. something like you mentioned with a $30 million networth level, yet maybe even $20 million to $30 million might be considered as a starting range for whale status. I did look up and got a AI generated answer that only around 0.003% of the world's population have $30 million or more of wealth, yet it still seems to me that even guys who are getting into the $20 million or more (especially if they are holding BTC) may well be getting into whale status, and I am thinking that just over 2 years, even the guys with $20 million in wealth (in accordance with the 200-WMA) will likely have right around $40 million in wealth in just over 2 years time.. let's say 30 months or less.
By the way,
right now, to have a $20 million bitcoin valuation at the 200-WMA levels, 395 BTC would be necessary... yet coincidentally, 395 BTC has a spot value of more than $46 million.
Of course, if we were
judging bitcoin value based on current spot price, then ONLY 170 Bitcoin would be required to be at a $20 million valuation, yet I hardly have confidence to proclaim the value of the 170 BTC doubling in 2 years to 2.5 years, unless we measure it in it 200-WMA valuation, which would be just over $8.6 million.. and so se likely could have pretty decent confidence that the 200-WMA value of 170 BTC would be $20 million or more within 2.5 to 3 years.