>>60582089
If he'd move that into an exchange and hit the sell button, how much would the price crash (assuming the magical exchange wouldn't shit the bed)?
People try to make it look like market cap is the total price paid, but that's not how price elasticity works at all.
Nah, it's just bots and algos trading. They spotted an old wallet making moves and they dump the market. It was obvious. Overall, that money is nothing to what bitcoin is today,
>>60582071 (OP)
you are so clueless, even if this le old whale sold all of it he would sell it over the counter so as to not push his own selling price down as he is selling meaning it wouldnt even affect the bitcoin price.
>>60582225
i assume that if you try selling a billion dollars worth of BTC on a CEX, they'd get in contact with you and offer personal service while blocking your account.
>move it otc
The new cope buzzword >otc bro its otc bro
10k btc moving will cause a 2% drop per day regardless of where its moved. Someones going to be unable to sell and the price will creep down.
