Bitcoin Whale Addresses Hit Highest Number Since August 2019 | Crypto Craft

  • Bitcoin Whale Addresses Hit Highest Number Since August 2019

    From coindesk.com

    Large crypto investors, popularly known as “whales,” seem to be accumulating bitcoin amid the ongoing price rally. The seven-day moving average of the number of addresses holding 10,000 bitcoins or more rose to 111 on Wednesday, the highest level since Aug. 2, 2019, according to blockchain intelligence firm Glassnode. That number has risen by more than 11% since early March. “The increase in the number of BTC addresses with more than 10,000 BTC is likely the result of long-term holders coming back online to expand their holdings,” said Matthew Dibb, co-founder of Stack, a provider of cryptocurrency trackers ... (full story)

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Not-KPMG
May 1, 2020 4:38am
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Dumbooos 🐒🙉

....Blaaaaaa.... 😨addresses with more than 10,000 BTC is likely the result of long-term holders coming back online to expand their holdings,.....stupid blaaa...😨😨🙉🙉🐒

Here's a smart explanation :

A person that's Long Term holder is not an idiot. So he won't put all bitcoin in one address. 😱😱😱
Duuuuuuuhhh.

A large holder will have hundred addresses. Anonymity bubba. 😱😱😱👍👏
Ohhhh noooo i discovered hot water 👏😂😂

But a BUSINESS will put many bitcoin in one address for SIMPLICITY .
Duhhhh.🐒

You get a cold wallet , 6 multi-sigs. All safe.
No need for distribution since : they won't touch the coins for years .
And
No need to be anonymous or secret. Fidelity, Bakkt no need to hide.👏👏😱

So these Whales 😨😨😂 ,as the moron said ,are businesses. ok??? Business is not whale, having say 5000 investors 👍👍🍻
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Not-KPMG
May 1, 2020 4:44am
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Imagine the idiocy of these writers 😱😂😂😂

So a whale, who maybe bought his bitcoin, say in 2012 for 5 dollars each..... And has many thousands.... 😱 will Start BUYING now at 8000???? 😱 😂😂😂

And with what money??🙉🙉
And why 😨😨😂

The only big investors that BUY now are institutions. 😱👍👍

Say Boing or Swiss Air got 5 billions in government trash cash.
What to do??? 😱

Buy oil or bitcoin... 😱

Mystery 👏😂😂
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Not-KPMG
May 1, 2020 4:28am
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What an idiot!!!! 😱

Who are these morons, writing about bitcoin?? 😱

Is there a cretins competition???
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