However, the price of Bitcoin has been relatively stable for the past few months. There are still many people who are holding Bitcoin, but the holders are now many rich people. Or large institutions. And taking advantage of this price increase,
well large institutions and whales may have large numbers of bitcoin in their possession but that doesn't mean they are the only ones taking advantage of bitcoin price increase. even the common investors who have been accumulating as little as they can for the long term will still take advantage of bitcoin price since they are able to buy it when it was relatively low compered to now. and moreover the percentage of bitcoin held by large institution and whales can not be higher than the percentage held by regular people or holders. you can take a look at this question
what is the percentage of bitcoin total supply held by large institution and whales?
if you read this article you will learn that despite the large number of bitcoin held by this big organization does not mean they have dominance in the market.
many people who have invested in Bitcoin for the last 10 years or have been investing regularly are selling it at this time. Maybe that is why Bitcoin is available in the market.
that is a misinformation friend, bitcoin is always at the market in circulation 247, people buy and sell everyday, so saying this makes it look like there where no coin in circulation except for the fact that early investors are selling now. well most guys sell out of panic and for this price to drop drastically to this level, it means that a large number of sellers are higher than buyers. but we cant be specific of the type of people selling at this point in time weather they are whales, sharks, Humpback, Dolphins, fish, octopus, crabs or shrimps. but the fact is that the market is affected buy majority of sellers than buyers which is the cause of market downtime.
Avoid pyramid quotes. you can delete all an select a particular person you want to quote, just a friendly advice.