Dormant whale moves $1 billion in Bitcoin as market sits 50% below peak
A lone Bitcoin transaction has ended a prolonged period of silence lasting seven months. According to blockchain tracker Lookonchain, a wallet containing 16,400 BTC, equivalent to $1.04 billion, made the transfer of its whole balance on August 3. This transfer coincides with the price of Bitcoin being approximately $62,800, which is almost 50 percent lower...
A lone Bitcoin transaction has ended a prolonged period of silence lasting seven months. According to blockchain tracker Lookonchain, a wallet containing 16,400 BTC, equivalent to $1.04 billion, made the transfer of its whole balance on August 3. This transfer coincides with the price of Bitcoin being approximately $62,800, which is almost 50 percent lower...
FOMOGRAM SENTINEL GRAVITY TELEMETRY
A significant Bitcoin transaction from a dormant whale may indicate market uncertainty and potential selling pressure.
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