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[figtree99] 25/1/2022 18:37

BTC looking perky at $37500

25/01/2022 11:00pm
NEWSBTC

The bitcoin crash rocked the market to its core when the digital asset had lost over 50% of its all-time high value to bottom out at $33,000. It was as a result of market sell-offs across the financial space, sparking a ripple effect that was felt heavily in the crypto market. Market sentiment had crumbled during this time as investors had scrambled to sell their holdings.

However, not everyone saw the declining prices as a signal to sell before prices tank even more. Whales, who control a large portion of the circulating supply, took this as a cue to buy and have been filling their bags with all of the bitcoin being dumped on the market by panicking investors. Whale Gobbles Up Traded Bitcoin In a report from CC15Capital, the trading activities of a whale are outlined. In what came out to be a long document, it shows that the whale had been purchasing tens of thousands of bitcoin every few hours while traders dumped their coins. CC15Capital which is an asset allocator tracked the wallet and discovered that a single bitcoin wallet had been purchasing millions of dollars worth of bitcoin.

In the event of the past week’s price crash, this single whale had accumulated millions in bitcoin. Each purchase ranged from $2 to $18 million worth of BTC every few hours, averaging 48,000 BTC per purchase. It looked like the whale was buying up all coins being dumped on the market. By the weekend, the wallet had successfully increased its holdings by a couple of hundred thousand BTC. The more the price dropped, the more bitcoin the whale bought. BTC trading above $36k | Source: BTCUSD on TradingView.com CC15Capital, in response, called for bitcoin investors to stop dumping their coins, which are being bought by whales, thereby increasing the concentration of bitcoin supply in the hands of large investors. Stop panic selling your #Bitcoin to this guy. He’s been buying $2-18 million worth every few hours.

[allenquatermain] 25/1/2022 18:26

Hey spraytard who says it was from yesterday you loser

Probs my one if the trades that brought the share price down today you bellend

[spary1] 25/1/2022 18:01

From Yesterday Allen so who knows if it’s a buy or sell as can’t see the time slot.

If it was a sell then there were a lot of them but as you pointed out before more buying it goes up and we ended level yesterday an up today so make of that what you will

[allenquatermain] 25/1/2022 17:56

2 million sell

Someone wants out

[broomrigg] 25/1/2022 16:56

Nice healthy volume today, good news imminent.

QBT cheap as chips and ready for take-off.

STRONG BUY (i.e fill your boots!)

[figtree99] 25/1/2022 15:33

Single 78k trade..whopper!

[pointscorer] 25/1/2022 15:17

2.895mil buy just printed :-0

[allenquatermain] 25/1/2022 14:21

I’m going to visit Iglethug in gaol and laugh at him

tee hee

[spary1] 25/1/2022 13:27

Quaterbrain must be colour blind as looks blue to me

[spary1] 25/1/2022 13:27

Best spend any money you have before FCA get it AllenQuaterbrain aka 12toes aka Goforgold.

How much was the round as no doubt one for each ID and imaginary friends pmsl

[allenquatermain] 25/1/2022 13:20

Just had a few jars in the John Jacques then over the road for a dominoes later

tee hee

[allenquatermain] 25/1/2022 13:08

Oh dear down again

The weasel’s are looking for someone to blame
tee hee

[spary1] 25/1/2022 13:06

Doubt it, not when the FcA have got hold of you for using 3 ID on 1 share trying to influence the price with

AllenQuaterbrain

12toes

Goforgold

[knigel] 25/1/2022 12:48

The only person who should grow up is the poster who is on here 24/7 without giving a reason - not invested and no plans to invest. At least Spary has a holding!