I don't think it's going to hurt the price any. There are enough whales in the market now, and hoders in general, that it shouldn't be that big a deal.
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I don't think it's going to hurt the price any. There are enough whales in the market now, and hoders in general, that it shouldn't be that big a deal.
What makes you think there are enough whales to buy? 140k coins is a lot.
It is.
BTC's market cap is $883 billion. Institutional investment is pouring into crypto right now, and most of it is going to bitcoin.
https://www.forbes.com/sites/lawrencewintermeyer/2021/08/12/institutional-money-is-pouring-into-the-crypto-market-and-its-only-going-to-grow/?sh=34bae3761459
https://www.institutionalinvestor.com/article/b1vkvjjpnf0c2c/Here-s-How-Institutional-Investors-Bets-on-Crypto-Are-Performing