Mystery whale moves 534 BTC – is a massive Bitcoin sell-off coming?

A Bitcoin wallet inactive since 2016 moved 534.94 BTC, about 45 million USD, drawing attention. With BTC facing a 10% price decline, traders question whether this is a routine transfer or a precursor to a market sell-off.

Bitcoin is currently priced at 83,797 USD, experiencing volatility due to macroeconomic conditions and whale activities. Analysts are split on whether this movement indicates a significant market change, relevant in light of Federal Reserve policies.

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One response to “Mystery whale moves 534 BTC – is a massive Bitcoin sell-off coming?”

  1. 6277729714852781982

    Wow…

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