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For more latest news update on Cryppcurrency Bitcoin & free Crypto trading signal on telegram join below given Telegram channel                       Join- https://t.me/btctradingclub                            Join- https://t.me/bestbitmexsignal   There has been much of a controversy on this point. When taking a look at the distribution of Bitcoin funds in wallets, it would seem as if a large percentage of the total number of bitcoins is kept by few hands. Bloomberg once tried to infer a situation of large market concentrations from the distribution of bitcoins in wallets. On a notably tendentious article titled “The Bitcoin Whales: 1,000 People Who Own 40 Percent of the Market”, the author engages in the following FUD-boosting argumentation line “While they (ordinary investors) can track addresses with large holdings online and st...

For more latest news update on Cryppcurrency Bitcoin & free Crypto trading signal on telegram join below given Telegram channel                       Join- https://t.me/btctradingclub                            Join- https://t.me/bestbitmexsignal   They are widely talked about in the cryptocurrency space: Bitcoin whales. But what exactly are Bitcoin whales and do they really control the market? Way before the literary clash between Moby Dick and Captain Ahab took place, whales were already a sort of myth. The enormous and mysterious sea mammals are now an everyplace cryptocurrency metaphor, fueling FUD and FOMO alike whenever spotters scream: there she blows! What is a Bitcoin whale? The term “Bitcoin whale” is commonly used to refer to investors who treasure large amounts of BTC. A taxonomy offered by chainalysis classifies the...