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❕NEWS The whales are accumumating more bitcoin

Flower

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In November, the whales began to increase their bitcoin holdings. This was revealed when the third-largest bitcoin address purchased an additional 207BTC.

Is it possible that this is due to the 8% drop? The whales are always on a lookout for the dip inorder to buy. The price of bitcoin could skyrocket in the next 24 hours as a result of this because bitcoin's uptrend appears to resurface again.

More whales are expected to acquire bitcoin in the next 24 hours, according to the data.

What is your take on this?
 

Wisdom01

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The price would definitely start rising ,their major target is to buy the dip and hold ,then the amount of money they would make holding the coin would be more than expected
 

Ononivami1

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The third-largest bitcoin address accumulating additional 207BTC would result in a price surge soon because the amount purchased is significant.
 

Emoney

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Currently, it's a great time to start buying the dip as Bitcoin price has fallen to around 55,000 USD apiece. Hold it to increase the price people.
 

Flower

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The best thing to do right now is to copy the trading strategy of the whales. They dictate the cryptocurrency market trend because the hold substantial amount of bitcoin.

The price would definitely start rising ,their major target is to buy the dip and hold ,then the amount of money they would make holding the coin would be more than expected
That's the basic laws of buying and selling in cryptocurrency market. You buy the dip and sell when the price soar. That is basically the rules that the whales follow.
 

Brain

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This is no longer news they are the ones buying most of the coins now and holding it to make good profit margin off it in future. Others are learning from them very fast
 

ElPaule

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This is no longer news they are the ones buying most of the coins now and holding it to make good profit margin off it in future. Others are learning from them very fast
True, whales exist since ever but their behavior changes since more institutional whales are replacing early adopter hodlers.
 

Brain

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True, whales exist since ever but their behavior changes since more institutional whales are replacing early adopter hodlers.
More wbsies will be coming up soon. It a chain reaction and it will continue recycling since they will be new whales to continue what we have going today.
 

Henrytuedor

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Yes they are buying more and more with each dip for now best thing is that you know your exact positions so you can make off some savings in terms of profits
 

Wisdom01

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The whales are merely doing what they do best- accumulate more bitcoin during dips. Soon enough, bitcoin would recover due to those accumulations.
They actually want to accumulate more during the dip as they feel it's the best position to buy ,so they know what they are doing ,just of recent a whale purchased more of about 200 Bitcoin from the dip and made lot of money from the purchase
 

microunit

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Majority of the expert traders and whales who have been in the crypto sphere in a while sees dips as a good opportunity to buy bitcoin, they don't easily get scared when prices go down
 

Brain

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The whales are merely doing what they do best- accumulate more bitcoin during dips. Soon enough, bitcoin would recover due to those accumulations.
You are right on that the whales are good at stocking up coins and can even go ahead to manipulate for their own gsins by pumping the price and voila, more gains for them
 

Flower

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The whales are merely doing what they do best- accumulate more bitcoin during dips. Soon enough, bitcoin would recover due to those accumulations.
This portends a strong buying pressure, which is good for the market. When the bulls have taken over the battle, the price of bitcoin would soar.
 

Mariappa45

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The whales are simply the top gainers when it concerns BTC gain. They know when it's right to strike and knows when to back off and take profit.
 

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