follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Number of Bitcoin Cash Whales Drops Following 39% Price Surge  (Read 3726 times)

Offline MRM

  • Misbehaving
  • Hero Member
  • *
  • *
  • *
  • Activity: 1029
  • points:
    41175
  • Karma: -10
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 05, 2021, 06:45:34 AM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Number of Bitcoin Cash Whales Drops Following 39% Price Surge
« on: August 10, 2020, 02:38:14 PM »
The number of Bitcoin Cash investors holding at least $3M dropped by 10 since Aug. 1 following the price surge to more than $311.
Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings.

According to Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number of investors holding between 10,000-100,000 Bitcoin Cash (BCH) — roughly $3-30 million — has fallen by 10 since Aug. 1. The drop comes after the token surged 38.7% from $224.46 on July 17 to a three-month high of $311.34 on July 31, implying that a number of whales could have sold their holdings.
Source: https://cointelegraph.com/news/number-of-bitcoin-cash-whales-drop-following-39-price-surge
██████
██
██
██
██
██
██
██
██
██
██
██
██████
      ▄▄▀▀ ▀▀▀
    ▀▀ ▄▄▀▀▀▀▀▀▀▀
   ▄▀▀ ▄▄▀▀▀▀▀▀▀ ▀▀▄
 ▄▀ ▄ ▀  ▄▄▄▄  ▀▀▀▄▄
  ▄▀ ▄▀ █▀  ▀█ ▀▀▄ ▄▀
 ▀ ▄▀  ▄█▄▄▄▄█▄ ▀ ▄ ▀▄
█ ▐▌  █  ▄▄▄   █ ▄ ▀▄
▀ ▀ ▌ █ ███ ▄ █  ▐▌▐▌
  █ ▌ █  ▀▀▀▀  █  ▐▌
  █ █  ▀▀▀▀▀▀▀▀  █ █
    █ █ █ ▐▌▐▌▐▌▐▌ ▀
    ▀ ▐▌ ▄ █ ▄ ▀ ▀
       ▀ ▀▄▐▌ ▀
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
█████
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████▀    ▐███████
███████████    ▄▄█████████
▐██████████▀    ▀▀█████████▌
▐█████████▌       █████████▌
▐███████████    ███████████▌
███████████    ███████████
██████████    ██████████
▀████████▄  ▄████████▀
▀████████████████▀
▀▀████████▀▀
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Altcoins Talks - Cryptocurrency Forum

Number of Bitcoin Cash Whales Drops Following 39% Price Surge
« on: August 10, 2020, 02:38:14 PM »

For Monthly biddings Check Here


Offline ShadowCrypto

  • Legendary
  • *
  • *
  • *
  • Activity: 1472
  • points:
    35873
  • Karma: 40
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: March 28, 2024, 04:50:50 PM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Number of Bitcoin Cash Whales Drops Following 39% Price Surge
« Reply #1 on: October 12, 2020, 01:22:48 AM »
People are keeping an eye in the upcoming fork in the next month, let's see how everything will goes, time to get some BCH and join the Airdrop.

Offline KunotCoin

  • Member
  • *
  • Activity: 101
  • points:
    2648
  • Karma: 5
  • ScamProof! Fraudulent Acts are Prohibited!
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: November 05, 2020, 07:15:25 AM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Number of Bitcoin Cash Whales Drops Following 39% Price Surge
« Reply #2 on: October 15, 2020, 09:55:42 AM »
I think thats because some whales are already liquidated its holdings, and taking the advantage of the price surge to earn some additional profit.

Offline ShadowCrypto

  • Legendary
  • *
  • *
  • *
  • Activity: 1472
  • points:
    35873
  • Karma: 40
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: March 28, 2024, 04:50:50 PM
    • View Profile

  • Total Badges: 24
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Number of Bitcoin Cash Whales Drops Following 39% Price Surge
« Reply #3 on: October 15, 2020, 06:03:12 PM »
Safer investment option would be taking half of the ABC and converting to BCH, and holding the other half as ABC, and at every spike in price, again take half and sell that - and repeat the cycle. Same principle as the half life cycle


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod