Whales can’t just put their whole order into the market at once (because the buying pressure would send the price sharply higher - (strong price move- Pump)). so instead, they buy increments within a specified price range (Accumulation).
Bears,you can't be too careful! You don't have a chance in hell of outrunning this (smart) money!
Who Are Bitcoin Whales?
1- Institutions: money centre banks, hedge funds, Grayscale, Tesla ...
2- Exchanges: (6.7% of Bitcoin in circulation was held on exchange wallets),
3- Individuals: Elon Musk (Dogecoin- BTC- ETH- ETC).
4- Satoshi Nakamoto: first 1.8 million or so BTC first created, have never been spent.
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