Quote from: odolvlobo on August 23, 2021, 02:03:29 AM

Quote from: Nathrixxx on August 21, 2021, 07:49:01 AM

The term Bitcoin whales refers to the large holders of BTC. They are people, institutions, or platforms with a tremendous amount of money in their wallets in the form of cryptocurrency.

That is the only worthwhile statement in the whole article. The rest is crap.

Quote from: Nathrixxx on August 21, 2021, 07:49:01 AM

How many bitcoin whales exist, and how many BTCs they have
It is possible to quantify the whales of BTC; to do so, just consult Bitinfocharts.

The chart tells us that:
The top 100 wealthy hold 15.02% of the total bitcoin supply, or 2.8 million BTC for $133 billion;
The top 10 addresses have 6.04% of the wealth,
The top 100 addresses have 15.02% of the wealth;
There are over 2 million addresses that have at least $10,000 in bitcoin.

Addresses are not the same as people. You can't look at addresses to determine how many "whales" there are.

:DIt is true.
In such a huge market, the real giant whale trading team is very meticulous and rigorous. They will use the address very carefully，Sometimes you think you have found the address of the giant whale, maybe someone else let you find it on purpose.
Because there are too many ways to manipulate the market, there is no real professional analysis, and the data is unreliable.

Lily Garver

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