The main players’ intentions are hidden in the trades:
“U.S. government transfers over 10,000 bitcoins related to a certain exchange hacker incident, worth approximately $1.01 billion”
After a security incident, I generally look at three on-chain signals:
· Where the involved funds go: to a mixer or directly to a centralized platform
· Whether any related platforms withdraw large amounts
· Whether others in the same sector are affected by association
$BTC 24h Trading volume: $1.356 billion—keep an eye out.
#BTC
The above is for information sharing only and does not constitute investment advice.
“U.S. government transfers over 10,000 bitcoins related to a certain exchange hacker incident, worth approximately $1.01 billion”
After a security incident, I generally look at three on-chain signals:
· Where the involved funds go: to a mixer or directly to a centralized platform
· Whether any related platforms withdraw large amounts
· Whether others in the same sector are affected by association
$BTC 24h Trading volume: $1.356 billion—keep an eye out.
#BTC
The above is for information sharing only and does not constitute investment advice.