Part 9/14:
Whales and Significant Bitcoin Holders
Despite short-term profit-taking, the number of large Bitcoin whales—wallets with over a thousand BTC—has grown. The count has increased from around 1,400 to over 1,510 within a year, indicating consolidation among major holders. Some whale movements are happening between chains, but the overall outlook remains bullish.
Mysteries: Wash Trades, Government Bitcoin Sales, and Satoshi
Several mysteries persist in the market narrative:
- Wash Trade Rules and Inflows: