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Despite massive ETF inflows and surging institutional demand, Bitcoin’s price remains stuck in a tight range. According to CNBC, the buy pressure is being offset by mega whales (like early Chinese miners from 2013) who are aggressively selling from wallets holding 1K–10K BTC.
71,572 Aufrufe • vor 1 Jahr •via X (Twitter)
10 Kommentare

Sellers exhaust eventually. Demand for Bitcoin doesn’t. Do the maths.

Can only sell them once.

Fiat price manipulation will always exist. How do they know it’s Chinese miners selling? Speculation gets us nowhere

That explains the stalled price action.

Cool. Let them exhaust themselves of selling and then we move up. Simples.

This situation shows how complex the Bitcoin market really is. On one hand, we see strong institutional interest and huge ETF inflows pushing demand up. But on the other hand, big whales—especially early miners with large holdings—are selling significant amounts, which puts downward pressure on the price. This tug-of-war creates the tight price range we’re seeing now. It highlights that even with growing adoption and investment, the actions of a few large holders can still strongly influence market dynamics. It’s a reminder to stay cautious and watch both sides of the market carefully.

@StackAndChill

Nice story. Show your work. I don’t see anything on-chain to validate her narrative.

But my market manipulation!!!! Derp.

Simply not true
