Bitcoin Whales Are Quietly Making Their Move Transcript, AI Summary & Key Points

00:03 Welcome back to Cryptos are Us. I am George. We're all George. Welcome to another market open stream. Today, let's talk about how the Bitcoin whales are quietly making their move. What does that mean? What kind of moves? Good or bad? Well, let's discuss and let's discuss everything else that's going on in the world today. All right, let's do it, guys.

00:33 Let's do it. Welcome, welcome, welcome. We are still stuck under that 87,000 mark, but still holding quite nicely above 86. And looks like we may try again. Yesterday unable to break today. How many times? 1 2 3 4. Today if we test it again will be the fifth time. And maybe the fifth time is a charm. And the reason why 87 is so hard to crack because there are a lot lot of sell walls, a lot of liquidation levels right around 87 to $88,000.

01:23 A lot of the bears and shorts do not want us to cross because if we do, well then the 90s around the corner, right? So right now we're still waiting, but there are a lot of good things happening. Of course, today the US market is opening up in the green, which is good when the US market's green. We're always looking forward to that. Um Kramer tries to explain why stocks are hitting records despite surging yields.

01:59 See, here's the thing. There is something weird going on with the stock market. you have winners, okay, who can continue to win and they're in they're in tech or AI, you know, infrastructure, but then you got a lot of losers like Nike, for example, right? So, the surging yield right now is doing two things. One is driving people to precious metals and crypto.

02:25 So gold, silver, Bitcoin, crypto are going up and two, they're driving people to other winners like tech and AI and so forth. Everything else are losers right now. So that that's exactly what's happening. Okay, I don't need Kramer to explain it. People don't want dollars. That's why yield is going up. Bond yields continue to rise up not just for US, for euros, for UK, for yen, for everything.

02:57 Bonds are skyhigh because there are fears about inflation, irresponsible spending, war efforts, everything you name it. So that's why SpaceX climbing up. Elon is now a trillionaire again. I I still don't know how I feel about that. Being a trillionaire, you know how hard it is to even become a billionaire and then you times that by a thousand? It's just crazy astronomical number to think about.

03:38 But anyways, that's what's happening, right? And we're riding the wave, so to speak. And we are in October. The first week is still not over yet. We still got plenty of time left in this month to make a tremendous move. And I I could feel it. There's this pent up energy. We've been stuck under 87 for a month now. Over a month. We're ready to make a move.

04:09 Uh according to this, Britain is on thin ice, warns the ex Bank of England chief economist. Yeah. I mean, all of Europe is, right? I mean, look at how many how many prime ministers there have been over the last however many years, right? Look, that's just crazy. How you going to get anything done when you know your prime minister can't even last for like 49 days?

04:36 That's just ridiculous. Um, and then we know what's going on in Spain right now with their snap election, Paris right now. I mean, I don't know what's going on in Europe. Seems like everything is not good at this point. Um, anyways, some of these things are also driving people to Bitcoin as they get their money out and they don't want to see their purchasing power decrease over political reasons, right?

05:10 Anyways, what else? Trump allows cheaper die diesel on highways. Yeah, our our gas prices are still very very high. Diesel is even higher right now. So that is another concern. And you know that plays along with inflation with rate hikes, right? Or potential rate hikes, something that none of us want. We want rate, we want rates to stop. We don't want more rate hikes.

05:44 So hopefully, you know what, we get an end to this war that has been ongoing for too long and causing too much inflation. And when it is over, things will get back to normal. And that will help the market even more. And maybe we will get some kind of deal before midterms. So that is coming up within the next within this month or next month too. Something to look forward to.

06:21 All right. What else? Going to uh Bitcoin. Going back to Bitcoin inflow outflow. Yesterday wasn't a good day for some reason. It wasn't a bad day overall. We didn't have a bad crypto day. You know, we didn't we just didn't go up. Wall Street. I guess yesterday was a little iffy. So we had a minus 90 million day yesterday. E minus 50 million sold minus 9 million XRP nothing.

06:46 Okay. So we had a little dip, little dip, but overall let's not forget all that inflow over the past 7 days, past 30 days, past 90 days, the drop in the bucket. Okay. But periodically you still have you still have Wall Street flip-flopping, you know, sometimes, right? It happens. Yesterday was one of those days. But when we breach 87 and we go to 90, you're going to start seeing this number in hundreds of millions every single day again.

07:36 It's going to be exciting. Just like the good old days when we saw 500 million inflow or like 800 million inflow. Those days are going to come. All right. Outside of that, uh what else? US banks are increasing their Bitcoin exposure according Coinbase. Makes a whole lot of sense. Big banks want your business. They want to make money. They're threatened by crypto.

08:05 So, they have to embrace, right? So, it makes a lot of sense that they're doing that. Uh, MetaPlanet still accumulating, even though I didn't know this. They sold 10,000 Bitcoin before buying back 11,000 Bitcoin. So, that's a net positive of a,000. And they did it the same reason same reason why strategy did it just to prove to their shareholders they could do it that if necessary they will sell their Bitcoin but obviously the main goal is to accumulate more and as that strategy has done very well for them.

08:46 They're like the mini strategy, right? But yeah, Simon continues to accumulate. Strive just purchased another 2,000 Bitcoin for $169 million. Biggest purchase in four months. And now they're closing in at 30,000 Bitcoin or roughly around 2.5 billion billion. Man, I wish I had $2.5 billion dollars worth of Bitcoin, but everyone starts somewhere. Slow DCAing may not get you to 2.5 billion, but it'll get you to where your goal where your goal is.

09:36 You just got to be patient. Total DCA. And when Bitcoin is down, when ETH is down, when soul is down, when whatever is down, that is the gold opportunity to accumulate. You buy low, sell high. That's how you do it. And right now, you got a lot of whale activity. This is what I'm talking about in terms of whales making their moves. Wales are depositing their stable coins and they're taking out their Bitcoin.

10:13 There's a massive amount of Bitcoin being taken off the exchanges. 40,000 just from Bitcoin Binance's reserve since September 20th. 40,000 Bitcoin on an exchange and you got billions of stable coins being deposited. Why do you think that is? Number one, they're buying Bitcoin and they're withdrawing it, putting their custodian service or their hardware wallets or wherever.

10:41 And two, they're getting ready to buy to hit that buy button to FOMO. And that's exactly what's happening. Fantastic. You got to pay attention to what the whales are doing. They're usually ahead of the curve. A lot of whales do buy when underwater. This one is showing the last nine months how a lot of people, a lot of wallets were underwater and now obviously we're recovering up.

11:23 We're above water once again. But during those dark underwater days is when a lot of these whales start accumulating. And that my friends was was no fun. Right? Last nine months from February all the way till August we didn't really have any momentum. People were fearful about going lower but it was obvious that we were holding going sideways. And now we are breaking above just like previous crypto winters.

12:03 Very similar to what happened prior winters. Look at the last one, right? It's the same thing, but last winter was much worse. We fell way lower. We went down 80%. This time around, we only went down 50%. So keep that in mind next time we have a dip that we will get through it and it's the golden time to be accumulating. And don't let the naysayers scare you into thinking, oh, there's another low coming.

12:46 All right, just the last few things. Uh this is talking about the Fibonacci level 618 retracement level which apparently I guess we we hit that every bare market and we bounced right off of there and now we're recovering back up and this is showing a bullish crossover just like all the previous cycles when we have broken above and we just didn't look back.

13:32 The last time this happened, Bitcoin went up 546%. The prior cycle 1,200% and the cycle before that 8,200%. So, this time around, where are we heading? Another 500% would be nice. That would put us, I don't know, 400,000 range somewhere around there. That would be nice. We'll see. We'll see. All right. Uh last thing is Ando pushing forward, leading in tokenized everything, but they're go do a onchain um they're go tokenize shares of a preipo AI firm and allow it to be 247.

14:31 So, basically, you could buy tokens of a preIPO company. Okay. I don't know who the AI company is, but it's interesting what's going on. You know, like SpaceX before launch, a lot of people want to get in, but they couldn't because you only like special, you know, investors could get in, right? And could get in on IPO and stuff like that with tokenization.

15:00 Let's go change the game. You're going to see a lot more companies do this. Probably raise money or launch their stocks on crypto before IPO, something like that. There's a lot of interesting things. It's happening in the space. Good for Ando. Good for Ando. And you know who else? You know who else is doing good? Well, as a platform, Clashpad is doing great, but all the holders of Clashpad tokens doing fantastic.

15:44 Yesterday, I think we went up by 100 soul yesterday. I think we were at like 950 or maybe even less. Now, we're officially above the 1,000 mark. way above 1,54 soul rewarded to holders. Absolutely fantastic. Discord is popping. People love to support each other's coins, love to shield their own coin, and they love CWD and they love Clash. A lot of enthusiasm.

16:22 A lot of people love this new way of getting rewarded for holding, which is something that I preach. What something I do, right? If you like a project or if you like a person, you like a community, you stick with it and now you get rewarded by doing that in the form of soul. Or you could reinvest and just get more of the of the coin, right? Or of the token.

16:48 But Clashpad doing absolutely fantastic. And same thing with Ask Clash and Clash Pickics. I made some adjustments that people will see the future all future sports games. Basically, the major league games, the NFL games, NBA that's coming up, NHL, and baseball. They're all get preeded with Clash and Soul. so that you're not betting into or predicting into um an empty pool.

17:23 So that is coming up. There are a lot of things that are being worked on. So, don't miss out on the Clash ecosystem and the the flywheel is still kicking in and overall the platform has bought close to 2.7 million Clash and equivalent of that in sold taken quite a lot and as the volume increases with Clashpad the more that flywheel effect kicks in. It's going to be fantastic.

18:05 Fantastic. All right, that's pretty much it. Let's do some Q&A. Is today the day we break 87? Hopefully. I was doing some rough estimate of volume because I'm talking to Dex Tools, see if we can make something happen. They were asking a lot of questions like, "What's your monthly volume?" We haven't existed for a month yet. All right. Um, it's only been about three weeks, not even like 17 days, something like that.

19:11 Our volume is tremendous. So, we're estimated to have close to 5 million in volume the first month. That's the first month. That's actually insane. That's why the rewards have been so good. And we have been able to give out over a thousand soul within two and a half weeks. It's actually crazy. And we don't have that many holders yet either. So the ones that have participated, man, they're getting a lot of rewards for sure.

19:49 Evan, you posted that super chat twice. No one gives a f and you're not even explaining it. Like everyone looks at that and they're just going to ignore it. You don't even explain what it is, what the project is. I'm not going to be looking it up. So, if you're going to market, do a better job. Today today Zcash is doing well plus 3%. Near protocol plus 3%.

20:56 Near protocol and unis swap both up 170% in the last 90 days. only Zcash is more up 197% in the last 90 days. Those are crazy crazy gains. So basically if you're a DEX, you're an AI or you're in privacy, those are three things that are doing best. Quant is up 300%. I have no idea why they're up so much. Pumpf fun up 317%. Hopefully, we're going to see the same kind of effect for Clash as Pump.

21:34 Fun because I think we do have something better, but obviously they have the volume. I could always say that, but volume is what matters, right? But if we had the same kind of volume as pumpf fun with Clashpad, Clash would be like top five. Okay, the flywheolf effect would make Clash top five on CMC. That's how that's how big it'll be. Um, so I'm waiting for that day to happen.

22:21 DJ, I'm glad you've been sharing it. We want more people to know about Clashpad, new type of launchpad out there. I know there's a lot, but you know, just yesterday some group came to me and said that they tried to launch on some other launchpad and totally got screwed, right? They don't know who to trust. There's all this inside allegations and this and that.

22:47 I've been as transparent as I can about everything and I made the platform to act that way. So, I'm hoping more people get involved, more people get rewarded, more people take the opportunity to launch their own communities or own projects. And I'm working very hard at making Clash World the greatest game ever. And it's really it's getting really good.

23:24 Like when it debuts, people are going to be really shocked by it. It's re it's going to be really good. And I'm making some huge improvements on Front Line. And I may do something there, too. Right now we're doing tournaments on front line and people are enjoying it but people are still not seeing the full potential. So I may do something there too.

23:49 I am upgrading it right now. But Clash World is going to be it could be even bigger than Clash Pad. We'll see. It can be. The potential is there. Uh, am I attending Tobin 2049? No. If I was attending, I'll be there already. I'll be in Singapore already. So, the answer is no. I only been one year. That was two years ago, and that I think is enough. The conference itself is huge.

24:30 I've been to Dubai one a couple times and Singapore once. Singapore only one time. Uh it is not fun for me to go. You know, I have to make a stop and it's a 15-hour flight and it's super super super super I mean now no it's a 24-hour flight. I'm sorry. Uh with the time changes and and there's no direct flight and you got to wait all this stuff. It's it's a nightmare.

24:57 So then you got to adjust the to the time zone. Um there and Singapore itself is just unbearable. Unbearably hot and humid. So not something I enjoy. Yeah. So I haven't gone back. Dubai is okay, but obviously with the war situation going on, I don't think anyone wants to go. But at least there's a direct flight. And Emirates is a is an awesome airline.

25:31 Um DJ, could you make Launchpad more simple? Looks like you want to explain everything, but that could be on a drop down menu. Just show the numbers, what you hold, profit or loss. It's in your freaking my wallet, man. That's it. It's in there. I think you just have to look more carefully. You can't make this more simple. Any more simple, people just won't even get it.

26:16 And launching a coin is like four mouse clicks. Okay? It doesn't get more simple than this. Maybe DJ, you're just a little little behind the curve. If you know how to use your phone and you know how to browse the internet and you know how to pull up your wallet and check your crypto, this is about the same difficulty. No, DJ, there's another DJ. There's another DJ impersonating Brandon Jones.

27:03 Like that kind of question is offensive. Not to pick on you for what uh for for just that question asking what exactly is Clash, but um there are a lot of people that I meet on a daily. Well, since I haven't been going out much, so not not so much on a daily. Uh, well, I'm trying to say there are a lot of people I meet and they say, "Yeah, I've been watching for years."

27:32 And then they have no idea what's going on with Clash or Clashpad or Ask Clash or whatever. So, that tells me first of all, they haven't been watching. And second of all, if you haven't been watching, then don't ask about it because you just you don't care anymore, right? So, but anyways, pay attention to Clash if you haven't. Clashpad is the newest project within Clash.

27:59 It's a launchpad that rewards holders. We have Ask Clash, which is our AI intelligence platform. All the charts, all the tools like ETF inflow outflow is from the site ask Clash. If you haven't been paying attention, everyone that's in crypto should be on Ask Clash. There should be millions of people checking out every day because it's mostly free and gives you all the intelligence in the world.

28:24 We have Clash Pix, which is our prediction marketplace. Not hard to understand that you have one token that controls the whole ecosystem of all these products. And we got gaming, too. Even charting and auto charting and everything everything is on what one platform like you can ask your questions everything under crypto intel. We got our own token screener which Clash World is on.

29:13 Clash is on crypto marketplace. We got AR leaderboard. Like seriously, like I don't know why everyone in the world is not on here. Even stock screener for people that like stocks and earnings and macro stuff. FOMC calendar macro map. I mean like there there is nothing that we don't have and pretty much giving away for free. I shouldn't be offensive offended.

30:00 You're not in my position. You haven't been streaming for like 10 years, okay? And the bears get to me and my patience is getting lower and lower every single year. People aggravate me. I'm sure a lot of you guys have that problem. As you get older, you just don't want to deal with people. Okay, that's kind of kind of uh sometimes, but it's not always.

30:30 I mean, I I used to really enjoy going to all the conferences and meeting people and that's always fun, but these days I just like staying to myself and building more. That's kind of my thing. AI has changed like the way I see things and behave and and I really enjoy it. Yeah, people love to be spoonfed. That's that's exactly right. What's the prediction on Clash and CWD and that initable run?

31:12 Both billion plus Pegasus. How about this being rude? You being banned from the channel. Is that being rude, Pegasus? Uh what do you think about Ripple and Coinbase meeting with SEC? It's nothing. What what what what do you care about it? The SEC and CFTC are 100% pro crypto, right? So, they're probably talking about some way to allow stable coins to um they're probably both Ripple has their stable coin.

32:16 You Coinbase has their own stable coins. So, they're probably talking about ways to come up with new products for their stable coins, you know, or trying to introduce like Coinbase offering derivatives and per stuff like that. It's all pro. None of it's bad. It's not like before where a meeting with SEC is like, "Oh my god, you know, they'll get sued or something."

32:40 No, now it's all pro. Now all the meetings are about allowing some kind of new product to come into the space. CFTC just said that too and SEC said that as well. They're all coming up their own frameworks. Okay, they're not waiting for the Clarity Act to pass. We just need to break that 87k today. Dell's having a good day today. Well, what happened there?

33:39 Dell is closing in their all-time high. Michael Dell, man. SpaceX. And what's wrong with that scale? I need to fix that. SpaceX at 174. Wow. Really, really big recovery. Jason, don't always look at market cap as a determining factor. There are a lot of ways you can fool market caps. Okay? If you have a very, very, very, very small liquidity pool, you can make something have a market cap of billions, but as soon as you sell, it drops.

34:26 There are a lot of ways to manipulate market cap, so don't get fooled by it. You could create a coin that has a market cap of $10 billion right off the bat, but you'll never be able to sell it. You'll never be able to get anything for it. So again, yeah, don't get fooled. There are a lot of ways you can manipulate price through the liquidity pool and through allocation.

34:59 A lot of the memes that pump up to the moon, none of it is accidental. Most of it is because the insider group or the person who created it controls anywhere from 50 to 80% of the supply. You just don't know that. So, there's not a lot being traded. And they play games of liquidity pool and they get like insiders to kind of like pump it. And that's how like some of these memes get huge and then once they get huge they fake it until they make it right and then finally they made it but you don't know all the shady things

35:40 they have done but you know I launched Clash right as fair as possible and now I'm building products to make sure that people understand that it's not just a meme coin. There you go. Another two soul being given out. do you think SpaceX unlocks will drop the price of good entry point around $100? No, I don't. Then we already passed that opportunity.

36:46 There were some huge unlocks and SpaceX was quite weak and they still like held that 125 or something. And now they're coming back up. I don't see them going around 100 anymore. Nope. Might go create a Clash app. Yeah, I've been lazy on the the mobile apps, but I'll get I'll get to it. I'll get to it eventually. ticker of ass clash is just clash. You see on top here where it says dollar sign clash, my man, it's not not hard to see.

38:21 NY, do you feel like you shifted away from the Clash Royale image for a project? Well, of course. Have you noticed that? Isn't that the That's the mission. You're asking like like that's a bad thing or I didn't notice. Of course, that's always been the mission. I still play the game sometimes when I get super bored, but uh everyone shifted away from it.

38:53 And it was my experiment, you know. It was my experiment to create a token to get something going and it has led me here. Space Vibe, would you mind putting Clash Chart on Clashpad screen? Space Vibe, did did you even check out the site? Like, what kind of question is that? Do you not freaking see a whole Clash page that shows you Clash's chart and a flywheel effect on Clashpad?

39:42 A whole freaking dedicated page to Clash. And you're asking me if I mind putting Clash Chart on Clashpad screen. I know you're a supporter, but come on. Come on now. with a swap built in right here. So that that tells me you probably never been to the site and you probably never used it. So that that's what that says. Unfortunately. All right, that's pretty much it.

40:49 We'll see if we could break 87 today. Maybe not. Maybe we'll get a surprise. But the whales are making their moves and we should pay attention to that. If they're buying and loading up, that means something is coming. So stay strong, my friends. Go check out Clashpad. Go check out Ask Clash, Clash Pics, the whole Clash ecosystem. All right, have a good one. Take care.