The Bitcoin Whale Has Gathered Tens of Thousands of BTC in the Last Two Months

The Bitcoin Whale has collected thousands of BTC in the past two months. So the whale gets stronger. On the bright side, the sign that this sector will die is the loss of the pope, not the growth. The Bitcoin whale has grown in the past 2 months.

The Bitcoin market has been under heavy pressure for a long time. If this goes a little further, we will forget the bullish market. As we know, it is believed that the market is a long-term cycle. It follows a wave of climbing and descent to match certain patterns. We pass through the difficult area of this cycle, between anger and depression.

This region, namely the bottom and bottom of the accumulation of literature in the literature is called the collection area. Collection areas are places where it is believed that it is reasonable to collect assets from the market due to low prices. Short-term profit is not expected and the aim is to increase the number of assets in our portfolio.
Because individual investors have not received training in the dynamics of buying and selling, he was too excited about the increase and sales of panic in the decline. The big players we call the pope don't think short term. Calculate long-term returns and open transactions. This accumulation, that is, the collection area, the time zone called the pope cannot find opportunities to offer opportunities.

What did the whales do after a severe fall, which began in November last year and brought most individual investors to depression? When we look at the list of the 100 largest Bitcoin wallets in the world, we see that the total amount of BTC in the big wallets mentioned in this period has increased. What they are really doing is evaluating opportunities correctly.

Even during the fall after February 24, we see that whales increase their total assets. While individual investors were disappointed by the fact that Bitcoin in his hands declined for the dollar, the big players were happy to buy this period and increase the amount of BTC in their hands. The investment logic of the two sectors is completely reversed. The truth, of course, is the logic of the pope.
The 5 largest Bitcoin wallets belonging to stock exchanges such as Binance, Bitstamp, Huobi and Bitfinex customer fundraising (Binance has two large BTC wallets). These accounts are technically not called whales. 5 of these wallets are hidden after being deleted if the owner of most of the biggest wallets.

According to the Bitcoin.com report, the 100 largest Bitcoin wallets have between 10,000 and 1 million BTC. 16.18% of the amount of BTC circulating in the market is theirs. Between December 17, 2018 and February 25, 2019, the total number of BTC in this account increased by 151,505 units. This is an increase of $572 million.

In fact, Bitcoin whales have expanded their portfolios, which have grown in the past two months. Individual investors, who suffer from lack of experience, lose power. On the good side, it can be seen that those who invest a lot in Bitcoin in the long run rely on this technology and continue to invest, which can be considered a pleasant development.