10-18-2021, 10:21 PM
Bitcoin Whales are getting weaker which means market manipulation will become harder.
<!-- SC_OFF --><div class="md"><p>Accordingly to Glassnode, The average holdings of Bitcoin whales are decreasing, with the number of addresses holding 1,000+ Bitcoin dropping to just 82 which is the lowest point since 2012.</p> <p>Although the number of addresses holding 100 to 1,000 Bitcoin has increased significantly in the past few weeks.</p> <p>It seems like the whales are getting smaller, this is a really good news for future as it means that market manipulation will become much harder and Bitcoin will become more decentralised.</p> <p><a href="https://twitter.com/WuBlockchain/status/1449693819432095747">Source</a></p> <p>The counter point of this could be that there can be a scenario where a single owner can split their holdings into multiple addresses.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gauravii"> /u/gauravii </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qak6t5/bitcoin_whales_are_getting_weaker_which_means/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qak6t5/bitcoin_whales_are_getting_weaker_which_means/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Accordingly to Glassnode, The average holdings of Bitcoin whales are decreasing, with the number of addresses holding 1,000+ Bitcoin dropping to just 82 which is the lowest point since 2012.</p> <p>Although the number of addresses holding 100 to 1,000 Bitcoin has increased significantly in the past few weeks.</p> <p>It seems like the whales are getting smaller, this is a really good news for future as it means that market manipulation will become much harder and Bitcoin will become more decentralised.</p> <p><a href="https://twitter.com/WuBlockchain/status/1449693819432095747">Source</a></p> <p>The counter point of this could be that there can be a scenario where a single owner can split their holdings into multiple addresses.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/gauravii"> /u/gauravii </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qak6t5/bitcoin_whales_are_getting_weaker_which_means/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qak6t5/bitcoin_whales_are_getting_weaker_which_means/">[comments]</a></span>Kind Regards R