170 million USD in Bitcoin moved amid crypto market retreat

A mysterious transfer of 1,811 BTC, worth 170 million USD, took place on April 30 amid a bearish market trend. Bitcoin’s price fell from 95,208 USD to 93,076 USD that day.

The overall crypto market saw a 1.50% decrease in capitalization. Despite Bitcoin’s price drop, trading volume increased by 18.02%, indicating potential selling pressure from whales.

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