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I fear the opposite is the case - many rich whales pump up prices in the real world, having sold their crypto to the masses coming in late.
by FabHK 1y ago
I fear the opposite is the case - many rich whales pump up prices in the real world, having sold their crypto to the masses coming in late.
- scotty79 1y agoFor every whale that cashes out there are some that hodl. Otherwise price wouldn't get this high. Price getting higher and higher means that bitcoin is sucking out dollars from other places. Masses have very little influence over the bitcoin price over recent years. This cycle they seem to have none.