Following mtgox's demise in early 2014, a year of downward price action culminated on october 6th when a whale limit sold 30k btc on bitfinex. For 6 hours the price stalled at $300 until all coins were sold and the bearwhale was slayed. Happy bearwhale-iversary! 
Discussion
We were just talking about this yesterday, nostr:npub17f66kd7kfa47qdu6sh89wdsxpctykym2prrlreudaf3n4wkcf0lq9u92kc.
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“tl;dr; I am the BearWhale: I sold Bitcoin for the wrong reasons, and now I am all-in and long bitcoin again.”
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GM ☀️🤙🏽☕️
I love that picture.
That was the bear whale. Vinny de falco. He got a ton of bitcoin that he bought from nostr:npub1g53mukxnjkcmr94fhryzkqutdz2ukq4ks0gvy5af25rgmwsl4ngq43drvk who worked with satoshi for that full first year, almost alone, helping to secure the network and blocks flowing. Martti sold most of the btc at cost to get the system working, and the first exchange. Bear whale bought most of the coins and then stampeded the markets though dodgy means. He also then used a big chunk to start XRP with Jed. After the first 32k blocks in ripple went 'missing', which showed who all the major holders were, big names you know today. The thing was a joke. Jed left to start stellar. Bitcoin survived the bear whale, but only just. Props to martti who never once complained about it, but now humbly works on nostr, iris, snort and bitcoin. Two figures in bitcoin's history who were total opposites, and I hope history remembers it.
Any time I hear mention of the Bear Whale, I think of this piece by nostr:npub18mema8d3u0ex37zwjdadw0rgwu4933hlemqagtlwaa0jzjk3atusqluyuj. Cool story, cool art.
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