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Bitcoin Whale, $2 Billion Dormant Bitcoin Movement Sparks Crypto Community Debates
Bitcoin Whale- In a notable development, $2 billion worth of Bitcoin, dormant since 2019 and untouched since 2013 except for one move in 2019, was transferred before US markets opened. The coins, typically known to move in unison, consolidated from 49 addresses into 5, with each new address holding $ 380M-$480M worth of Bitcoin.
Bitcoin Whale- Simultaneously, Grayscale’s recent activities have garnered attention. The firm moved 9,000 BTC, valued at $385 million, to Coinbase Prime, exerting selling pressure on Bitcoin. This action follows a pattern, as Grayscale had also transferred 4,000 BTC to the exchange the previous week, according to reports from look on chain.
Gm ae#btc sideway & one more pump
— TOM (@Nocfan1) January 16, 2024
and time to take profit
Đây là vùng phân phối rồi#TakeProfit ít hay nhiều tuỳ lòng tham từng người – thấy đủ là được
Niceday ae
–#Bullrun20242025 #Grayscale #bullrun #Market #aurora #Binance 📷 📷 📷 📷 #bayc #whale https://t.co/jR0XI4FcM2 pic.twitter.com/wQSUGGatq9
Bitcoin Whale- The Bitcoin transfers coincide with outflows from the Grayscale Bitcoin Trust (GBTC) following the SEC’s approval of spot Bitcoin ETFs. With Bitcoin’s current price at $43,071, these substantial movements raise speculation about potential increased selling pressure on Bitcoin in the market.
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