#BTCWhaleMovement #BTCWhaleMovement
Today, Bitcoin witnessed a historic surge in trading whale activity, with two dormant wallets since 2011 transferring a total of 20,000 Bitcoins (approximately 2 billion USD) in out-of-trading transfers. At the same time, a quantity of Bitcoin stock amounting to 80,000 Bitcoins - valued at nearly 8.6 billion USD - was also transferred, likely from an early mining platform. Notably, no deposits have occurred on trading platforms, indicating a portfolio restructuring rather than immediate selling. Traders should monitor the support level at around 107,000 USD, with short-term volatility rising (the price fell by about 2%), despite continued institutional accumulation. This recovery among trading whales may indicate a state of uncertainty, but market dynamics still tend to be bullish.
Today, Bitcoin witnessed a historic surge in trading whale activity, with two dormant wallets since 2011 transferring a total of 20,000 Bitcoins (approximately 2 billion USD) in out-of-trading transfers. At the same time, a quantity of Bitcoin stock amounting to 80,000 Bitcoins - valued at nearly 8.6 billion USD - was also transferred, likely from an early mining platform. Notably, no deposits have occurred on trading platforms, indicating a portfolio restructuring rather than immediate selling. Traders should monitor the support level at around 107,000 USD, with short-term volatility rising (the price fell by about 2%), despite continued institutional accumulation. This recovery among trading whales may indicate a state of uncertainty, but market dynamics still tend to be bullish.