The Crypto Whale and A Cup of Coffee.
We know that crypto is fully decentralised asset, means it is owned by individuals without any central monitoring body. The term of whale used for any wallet holder who have huge quantity of coins. Mostly whales hide their identity due to security and home land regulations but still some profiles are visible like Marc de messal, Michael Saylor, Brain Armstrong and Cameron.
Whales are famous for playing with sentiments of crypto users and manipulate the market by heavy buying/ selling. We can learn also the potential of any project by their move with enough liquidity and frequency. Another wonderful thing that whales provide us emerging insights of crypto market.
An example
This question was in mind from several days that who is the king of Bitcoin Cash. Who owns more BCH and what value they have . Honestly for Long time I keep a theory in mind that Marc De Mesel has most BCH in portfolio which proved wrong as I studied different analysis.
Bitcoin cash is decentralised crypto currency and no one has control on it. It didn't have any core managing team and no one can interfere in any transaction. Any one in the world can buy , hold , sell and use Bitcoin Cash anywhere in the world. It's Blockchain technology record every transaction in separate block and at any point no one can alter it.
Whale wallets of BCH.
There are anonymous investors who have huge number of Bitcoin Cash in their portfolio. There are more then 21 thousand address which has Bitcoin Cash more then $1000 worth and around three thousand address has more then $10,000 worth of Bitcoin Cash.
Marc is with Bitcoin Cash since 2008 and has long term strategy in business. He is big supporter, mass influencer and patriotic of BCH. In my opinion he served Bitcoin Cash as his own child because his initiatives made people aware about BCH and it's fundamentals. He is the one who behind dotcash sites like read.cash , noise.cash which played a huge rule in awareness and adoption of Bitcoin Cash.
Marc De Mesel is a inspirational celebrity which has been recognised by big names like bill gates, Elon musk, Faber and vandamme. As a business man he has lot of adventures but most of them doing service to Bitcoin Cash. We all know he invest more then one million dollars in foundation of read cash and noise Cash.
Conclusion.
Whale's unpredictable moves made huge impact on crypto market and who knows that a person sitting on a wooden boat in the lake of Nakuru of Kenya going to dump a coin from sky to bottom or pump a coin from surface of lake to moon before ending his cup of coffee ☕. It is on record that they decide while playing chess on table or drinking the coffee.They took only some minutes to decide and mostly against the expectations of common user.
That's all for today, like thumb up to wow and leave comments for feedback.
Note: Some parts of article published already on read.cash
Cheers
Amjad
