Question n° 458 ·
How do significant whale purchases, such as the acquisition of 2,509 BTC, affect Bitcoin’s on-chain supply and market support?
- Whale purchases solely increase transaction fees without impacting market liquidity or supply
- Large whale purchases reduce available supply on exchanges strengthening price support levels Bonne réponse
- Whale purchases always trigger price crashes by flooding exchanges with sell orders
Pourquoi est-ce la bonne réponse?
This is correct because when whales move large amounts of Bitcoin into private or cold wallets, they remove coins from the liquid market. This decreases the supply available for trading and can create a floor under prices. Beginners should know that reduced exchange balances often signal stronger support and can help stabilize or boost prices during volatile periods.