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What if Satoshi transferred amounts of Bitcoin from the dormant wallet and started selling??😱
What will happen?
Of course, Satoshi owns wallet addresses that hold about 1 million Bitcoins, none of which have been sold since April 2011 until now
⚠️But if he ever sold for just 1 million dollars
It might be negative in the short term, not because of the transfer since 1 million dollars will not affect the price, but the negativity will be due to the panic that will occur among holders, especially individual holders in the short term
But if we look at the matter from a broader and somewhat longer perspective, it is positive
Why is it positive?
Firstly, after the price recovers from this event, Bitcoin will gain greater immunity against the impacts caused by the movement of large holders' wallets
Secondly: The more individual holders' (whales) holdings decrease, the more confidence increases, thus making the price more stable
Imagine that all the supply available for trading is 20 million and no one holds a large amount; the result is increased confidence and positive in the long term#Cryptomaxx #BTCWhaleMoveme #satoshiNakamato