Plan B, a prominent analyst and creator of the stock-to-flow model used to predict the price of Bitcoin , believes that ultra-wealthy individuals (UHNWI) may soon or eventually become interested in Bitcoin .

The analyst suggests that if this happened, it could boost the adoption and price of Bitcoin .

“UHNWI does not buy 1 or 2 BTC, they buy more”

In his tweet, "Plan B" mentioned individuals with very high net worth (with a net worth of over $ 30 million).

The analyst says that if they are interested in Bitcoin , they will not only buy one or two BTCs , but much more. He speculates that if that happened, things could change dramatically for Bitcoin for the better - for adoption and price.

He wrote that even if ten percent of these investors turned to Bitcoin and decided to buy it, it would have a big impact on the flagship crypto.

"By Bitcoin, instead of funding" criminals ""

A podcaster and co-founder of the Ministry of Nodes, Stephan Livera, consulted Twitter to share his preference for Bitcoin over government bonds.

He expressed his surprise that there are individuals and entities buying government bonds now in the midst of the financial crisis caused by the pandemic and reinforced by the quantitative easing brought about by the Federal Reserve.

He admits that some may be forced to do so by regulators. However, Livera believes that buying BTC is much better than "funding criminals".

Whale transfer 17320 BTC

As reported by PassionCrypto  earlier, cryptographic whales had moved a gigantic amount of Bitcoin from the main crypto exchanges, Binance and Bitfinex, as well as sent some of that money to other trading platforms.

The equivalent in USD of this BTC amount is 169,420,602.

The current BTC transfer fee is $ 5.82. However, Mati Greenspan expects it to drop in around 91 blocks after adjusting the Bitcoin difficulty .

Stephan Livera also mentioned this problem in his tweet, encouraging his followers to share their opinion on the issue.