Re:Bitcoin tumbles 17% as doubts grow over valuations
by Bluestein on Tuesday February 23, 2021 @08:43AM
(#26237116)
Whiile I understand the downvotes, to clarify:
- None is saying this movement caused the drop. I'd be stupid to do so. Contributing factor ...
- This is clear: The number of "whale" wallets vs. smaller wallets has done nothing but increase.-
- Influx to exchanges have been outsized and abnormal large these past few days ...
... so, it would stand to reason that the market is more and more controlled and at the mercy of bigger players. Some speak of a massive "transfer of wealth" ...
- None is saying this movement caused the drop. I'd be stupid to do so. Contributing factor ...
- This is clear: The number of "whale" wallets vs. smaller wallets has done nothing but increase.-
- Influx to exchanges have been outsized and abnormal large these past few days ...
... so, it would stand to reason that the market is more and more controlled and at the mercy of bigger players. Some speak of a massive "transfer of wealth" ...