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When the large whale moves in the sea, it creates waves over the water. Similarly when a big bitcoin
Holder, often referred to as a whale crypt, moves its coins on a chain that creates a buzzing on social media, which caused the observer to wonder if it was a prelude to sell and volatility of prices.
Early Friday, two wallets, marked ”12tls … xj2me“AND”1kbrs … Awjym,“He moved 20,000 BTC, worth over $ 2 billion, to new addresses. These flows were first recorded blockchain Sleuth Whaleand later Lookonchain. The addresses received these coins 3 April 2011, when Bitcoin was awarded approximately 78 cents.
Today, BTC is more than $ 109,000, which means a stunning 140,000 -time return for two whales, which means they have a strong motivation to dispose of their shares. Many long -term holders sell their coins since the BTC exceeded $ 100,000 in May.
This means that the latest transfers have been made to non -expeling addresses that have become silent since the acceptance of these coins. It is therefore too early to conclude that transmission operation is aimed at achieving profits.
