When a large whale moves in the sea, it creates waves through water. Similarly, when a great bitcoin
The headline, often known as a cryptographic whale, moves its coins in the chain, which creates buzzing on social networks, which leads to observers to wonder if it is a prelude to a volatility of sales and low prices.
On early Friday, two wallets, labeled “12tls … XJ2me” and “1kbrs … Awjym”, moved 20,000 BTC, with a value of more than $ 2 billion, to new addresses, according to data tracked by Blockchain Sleuth Lookonchain. The addresses received these coins on April 3, 2011, when Bitcoin had a price of around 78 cents.
Today, BTC exceeds $ 109,000, which implies an amazing performance of 140,000 times for the two directions of whales, which means they have a strong incentive to liquidate their holdings. Many long -term headlines have been selling their coins since BTC crossed over $ 100,000 in May.
That said, the last transfers were made to the addresses that are not exchange, which have been silent since they received these coins. Therefore, it is too early to conclude that the transfer operation aims to take profits.
