pull down to refresh
That’s if people take advantage a few will a majority won’t
If by few you mean the coins in a single address will get distributed to a hundred addresses that still is decentralisation
The order book is not deep enough to absorb such a massive sale of coins. It will definitely tank the market
Bitcoin trades around 20 to 30billion$ per day on combined major exchanges and mstr holds around 60billion$ worth of bitcoin so i think its not that market cannot absorb this massive dump just the panic it will create in market maybe not be sustained if lets say everyone tries to sell.
That is probably total volume (buy and sell) plus price is set at the margin. If some market sold $60billion on a low buy volume day the price will free fall until buying can absorb all that sell pressure
So we just hope that it wouldn't happen.
If it does just take advantage and buy more sats
But I will get bitcoin at a discount and it will further decentralise the ownership?
I am always a huge fan of Whale liquidation as it reduces a single entity's influence on the market.