/biz/ - Business & Finance

>>49754892
wait what the fuck theres a wallet that has over 100k btc? i honestly had no idea, i thought max would be greyscale or some other BTC trust and dont they only have 50k or something

>They sold?

>>49754892
Wasn't this what you guys were saying in the 30s? Anon, whales are accumulating!

>>49755102
Microstrategy has 130k

>>49755102
https://www.blockchain.com/btc/address/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ

Biggest wallet after the binance and bitfinex cold wallets.

https://bitinfocharts.com/bitcoin/address/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ

his buys and sells suggest he is as clueless as we all are. with on big difference his trade are forming the price. when this wallet cashed out at 68-69k he MADE the top. if he wouldnt sold hundreds of millions maybe we could have gone to 80k or more

>>49755211
I don't care if he's clueless or not, the last time he bought this much we had the rally from 40k to ATH. Imagine the short squeeze that's on the table right now.

Bottom is in. Thanks for the heads up. Just went 2x long.

>>49754892
shill, shill, shill, shill....

>>49755560
What am I shilling? The objective reality?

>>49754892
>Bogdanoff wallet

>>49755211
you do realize that traders that large are going to have multiple wallets and money scattered all over the place precisely to keep retards like you from guessing their actual positions and frontrunning them?

>>49756318
This + they are also manipulating the market to create liquidity. It's honestly pretty amazing that the guy got buy orders this big in without really moving the price.

yeah we all know that this is the bottom
wait dont tell me you are shorting and not longing anon?

>>49756807
We've been through this scenario countless times already. Bobo heads will roll, they are overplaying their hand as usual. Just the tiny micro pump 2 days ago already rekt shorts for over 100m. Looking forward to it.

>>49754892
While this mega whale is buying and accumulating every satoshi they can, The average anon is selling in drove.. Well done son YNGMI by 2024.

>>49756913
Yep, then another leg down to liquidate bulls for the n-th time. Rinse and repeat until $3k which will crab for 3 years

>>49756426
I wonder where he's buying from

>>49757058
Probably from all over the place.

I am very stupid. Please spoon-feed me what this means. What should I do right now?

>>49757203
His last few transactions came from the same wallet which doesn't seem to be his and it doesn't look to be an exchange wallet

>>49757455
The biggest whale in crypto decided that it's a very good time to buy a FUCKTON of BTC. Do what that information what you want.

>>49756426
My guess is this guy is partially responsible for keeping us from breaking below 20k

>>49754892

Pretty much this >>49757538

The wallet has so much BTC invested already, that they are trying to keep it from breaching 20k and creating a tidal wave down to 10k or less.

WHY ARE WE CRASHING REEEEE

>>49758023
To bait bobos who don't know.

>>49754892
>1432 BTC in 4 fucking days.

Look at his history. He's been doing this forever, even when BTC was at ATH. Basically every day he buys 200-400. That hasn't changed. You're a fucking moron.

Why are rich people so bored? I don't get the point in becoming just to do the same monotonous shit required to get rich in the first place. Just fucking sell and make a harem on an island.

HE BOUGHT 266 MORE

>>49758690
LMAO

Soon.

>>49755186
The top wallets were accumulating assloads at 40-50k too, kek. One of them went from being like $10B in profit to actually losing money.

Although most of them probably hedge with leveraged shorts on exchanges, which is why following their wallets is fucking useless

>-275M
Uuh, how probable is it that this faggot was just leveraging like a madlad during the entire bullrun?

>>49759020
>Although most of them probably hedge with leveraged shorts on exchanges, which is why following their wallets is fucking useless
No idea what this means but it sounds fancy. I only come here to shitpost desu

>>49759022
>This is how stupid bears are.
lol

>>49759117
Im not even a bear lmao, but please explain to me how do you read this wallet
Is this just a very good trader banking profits?

>>49759254
Imagine being at a dickmeasuring contest and some guy rolls in his 12 feet dick in a wheelbarrow, that's this guy.

The profits/losses you are seeing are just relative to the price he bought in, the wallet is worth over 2.6b. Also, there's no margin/leverage trading at this level, for people like him it's week of work do get a sizable spot position in without pumping/dumping the market too early.

>>49757455
A rich fuck who could not give a fuck about price brought Bitcoin

>>49754892
this guy is probably buying back three times more BTC than he sald around 60k that's all

>>49754892
>https://bitinfocharts.com/bitcoin/address/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ
>>49755211
am I reading that chart correct? He was up $5B ATH and now he is negative $250M

>>49755211
According to that site he breaks even at this price. If it goes lower he starts losing money for the first time.

>>49754892
is that a whale or exchange wallet?
where if an exchange wallet, then funds flowing in (to sell) is bearish

>>49760582
Personal.

>>49760634
I mean, major exchanges would list their main wallets, but what if it's OTC trading or selling wallet they don't want connected to an exchange?
not aware if there's any sort of easy way to check and see

>>49754892
It's a degen trying to revenge trade, it won't work in this market anymore. The smart adapt accordingly, the dumb becomes fixated on the belief they can't be wrong.

>>49760502
This is why him (and other whales) keep theiur support at 20K. As loong as they keep buying and keeping the price from dropping, they are essentially breaking even

>>49760668
Just look at his historic influence on the market. When he starts dumping the price tanks, when he buys the price rallies. He pushes us below 30k and he initiated the last rally to ATH.
>>49760689
Yeah, I'm sure you have a better grasp on things than LITERALLY the biggest whale in existence.

>>49760760
>Just look at his historic influence on the market. When he starts dumping the price tanks, when he buys the price rallies.
my guess of "exchange wallet" would have an opposite result of what you'd described, so that does sound to make sense.

Hey, yea I'm the whale who owns that wallet.
Went f1 racing last Sunday in Morocco. Crashed my alfa romeo but the rari pulled through and won me a 60mil bet. I don't give a fuck about the price, I just buy
You plebs are pretty funny, ill give you that

>>49755211
>first 4 transactions in the wallet: 2 sent in and 2 withdraws, of a few dollars
lmao I love whales do test transactions as well

>>49760871
>Hey, I have no friends and crave attention so I make up retarded crap and shit up /biz/ threads.
ftfy

>>49755211
what would explain the frequent sends of bitcoin in multiples of 500's, somewhat sporadically between buys?

>>49760871
here is some gold, kind stranger!

>>49760948
It's him selling.

>>49760760
Doesn't even come close to even worth mentioning being one of the biggest whales. You think the supposed whale knows something you don't? No. It's all a game of speculation, but with sufficient data you can predict the market with a great probability and use it to your advantage. It's not just about cryptocurrency, take a look at the macro economy and the general market.

Take for instance 3AC, one of the biggest hedge funds in crypto. They're full blown. The definition of a hedge fund is to hedge against your positions, guess what they did? they became like any emotional retailer by increasing their leverage on current positions to overcome the losses they had overmassed, that's not what you call a hedge fund. The crypto market especially is greatly overleveraged, what will that lead to? a mass liquidation cascade, there will be your opportunity to buy as the mass hysteria and panic it will cause, of course depending on other market conditions, don't expect we will come out of it in a day or two, history tells it crypto could be dead for months if not years.

Being pessimistic helps.

>>49755211
>he
it's probably north korea or some shit

>>49760871
lol what a fuckin loser

I may be poor, but at least I'm not astroturfing as one of the world's biggest bitcoin holder. How pathetic lmao

>>49760995
it's odd as fuck, since he'll add in 300, and just a few days after remove 500 at a lower price even
not quite following his logic
add in, he seems to have only dumped one time above 65k, while most of the other large back to back dumps were in the 40k-ish range

>>49760964
Thanks gonna drop another 100 mil the next 5 days

>>49761339
Drop yourself of a roof, faggot.

>>49761197
imagine loosing $150 million dollars in 2 days on BTC

i don't think i could manage a big wallet without fomo/fud

>>49754892
>https://www.blockchain.com/btc/address/1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ
he has been buying since 40k, hes just DCAing.
(you) dont have 1% of capital this dude has. hence (you) and most people cannot DCA like he is doing, (you) are a retarded shill looking for bias confirmation

>>49761493
>1655373267885 (2).jpg
Not even engaging with your post itself, you ability of saving images reflects your intellect as a whole. SL if your friend.