Please update the title of the thread. There is a big difference between $150 and $150 million.

The whale/corporate who had purchased this huge amount of bitcoins, clearly understands one simple math. There are 7.3 billion people in this world but only 21 millions of bitcoin can ever exist. So it's a accumulation game and the whale want to play it correctly. As simple as that!

And since they do know that they do have the advantage then they would definitely playing smart out of it which lets just accept the reality that there are really people on this world which is rich enough on making out investment on things which we know that it is really worth
to invest on and we do see its potential like Bitcoin. Tried to end up on monopoly? No it wouldnt end up like that for sure.

Its mainly companies making these types of moves, even for someone rich, considering that most wealth is public data to some extent at least. An individual is definitely going to notice that amount of money, so while I get the point your making, it doesn't really matter in the grand scheme of things how much it's worth to them.

The important part is this is a significant amount invested into Bitcoin at a dip, which contributes to people gaining faith, and creating a domino effect in buying more Bitcoin. So, while it might not be much to the person or company that's decided to do this, it's definitely quite significant to the wider Bitcoin user base.

What part of the article said it was an online wallet? I personally doubt it's an exchange wallet, due to the nature of the transactions, but it's very difficult to ascertain.
If a whale isn't careless enough to store their bitcoins in an online wallet, an exchange would probably know that as well, especially for cold storage.

Not everyone is very private conscious, considering that the change address is always the same as the sending address in majority of the transactions (the ones I checked out). Probably, they are satisfied with being pseudo anonymous.

Dont belive anything whales now selling not buying.

yes, there have been a lot of big whales buying bitcoins during this downturn. In general, the big whales are big companies who want to take profits, such as when the price of Bitcoin decreases they will buy Bitcoin in very large quantities and when the price of bitcoin goes up they sell all the bitcoins they have.
In my opinion, bitcoin holders selling their bitcoins when the price goes down is a stupid act, they can still get bigger profits when the bitcoin price reaches the ATH price, they should be more patient to get bigger profits.

Thanks for pointing my attention to the typo error I have corrected it now.
 What do you mean by address reused this is the first time am coming across such a term.

It's not new concept as we have seen whales putting out billion dollars into bitcoin during these dips as prices went down from ATH of this year to $46k of which they took advantage and invested but do you know how all this is possible? The panic sellers make them more rich as btc prices are going to rise in future and they will gain much and only holding rather than selling them.This is game at big level and whales have funds to capture big portion of supply.

Considering that the dip occurred because of weak hands panic selling their bitcoins with an irrational decision, I have to tell you that it would take a lot more for them to stop their panic sell and stop market manipulators from shorting bitcoin and letting the price go back up this soon. A weak news about a large purchase is only going to entertain people for a day or two.

Typo there.

New variants of viruses will occur in nature, it does not mean they are more effective than older variants in causing disease, there is a panic currently but it is slowing down and that is an acute event, it should have seen a sell-off rather than whales buying. I think this correlation is not correct at this stage.

Someone caused a panic selling and someone did an correct buying, that is how I see this. On Saturday the market crashed in a three hour time span from 60k to 45k and then recovered back to 50k. What is important to note is that the selling trend is still continuing and buying points are open for those who want a discounted price to buy. Because the last few weeks has seen 60k+ prices for too long. Admit it for the middle class this is a high price for their regular income.

The futures market and short selling is to continue and therefore I would say wait and watch for even lower prices. Keep your sell orders high and you should make a profit this year end.