Question n° 443 ·
How did whale sales of approximately 36,500 BTC since December 1 contribute to downward pressure on Bitcoin's price?
- Whale accumulation decreased supply availability elevating Bitcoin prices through the scarcity effect
- Whale sales reduced selling pressure causing Bitcoin prices to rise gradually instead
- Whale sales had no influence as other market factors dominated price movements
- Large whale sales increased supply overflow on exchanges driving Bitcoin prices downward Bonne réponse
Pourquoi est-ce la bonne réponse?
When whales sell large amounts of Bitcoin, they deposit it into exchanges where buyers absorb the supply. If the supply exceeds demand, prices can fall. Selling 36,500 BTC over a short period creates downward pressure because buyers may not be ready to match that volume. Beginners should recognize that big sellers can disrupt the balance of supply and demand, leading to price declines.