Ancient Bitcoin (BTC) Whales Awaken From Hibernation: Selling Pressure? Manipulation?

The Satoshi-era Bitcoin whale sent 5,000 Bitcoins (BTC) worth about $100 million to cryptocurrency exchange Kraken.

According to data provided by Oklink, from a wallet created by a Bitcoin whale in 2013. September 4 to Kraken on 5,000 Bitcoin transferred. Considering the information provided by data platforms, mass movements have been detected at the addresses of many former Bitcoin whales over the past few weeks.

The last movement of the whale, which was found to be awakened by OKLink May 2021 took place on. Initial registration of the account, which intermittently transfers very small amounts to different addresses, on 19 December 2013 Entry of 5,000 Bitcoins starts with

Long-term Bitcoin investors average cost at current price increasingly approaching Mass movements of Bitcoin whales during these periods sales pressure can be seen as However, whales generally countertop Sales are not expected to have an impact on the market price, as they are more likely to sell in the markets.

Mass movements of old wallets on social media, the creator of the relevant accounts Bitcoin Associated with Satoshi Nakamoto giving rise to speculation. However, there is no evidence to take this claim beyond speculation.

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