The biggest private Bitcoin holder sold 1500 BTC when it was $67k, and has accumulated double that back in the last two weeks. The whales ...just know.

The two biggest BTC wallets belong to exchanges. And dont get me wrong, watching them too is important.

I however choose to monitor the holdings of this whale. Back in early November, just as we were approaching the all time high, this whale sold 1500 BTC, which was about 2% of his/her bag (yet significantly more than I will ever own in my entire life).

Following from that day, the whale continued to buy through DCA - roughly 150 BTC per week. Again, several time more than my entire wealth every week.

But in the last two weeks, all while BTC has been less than $45k, the whale has purchased more than 3000 BTC - double what he/she sold in November.

One of my 'take profit' strategies is to simply sell some of my coins when I see 1P5Z sell.

I don't know shit about fuck, but the whales ...they do.

Submitted January 14, 2022 at 12:27AM by gnarley_quinn https://ift.tt/3I3hrJA https://ift.tt/2Z7cX2s