Leading cryptocurrency bitcoin‘of (BTC) There has been a decrease in his activity in recent days.
Especially in the last three days, it has been going on its way in almost the same interval. BTC, It also experienced a 1% movement within 24 hours.
Despite this, it is claimed that whales have officially pushed the button, and if this turns out to be true, it could change everything.
The transfers made by Bitcoin whales during the day definitely attracted the attention of many famous names.
Whale Alert According to the information conveyed by Coinbase Pro, a large amount of BTC was transferred. Among them, three transfers stand out.
$1.1 Billion BTC Transferred
A total of three transfers to an unknown crypto wallet 29,620 BTC transferred. First transfer 9,843 BTCsecond transfer 9,901 BTC and if the last transfer 9,867 BTC contains.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 9,843 #BTC (390,782,938 USD) transferred from #coinbase to unknown wallethttps://t.co/uYSlIeugzF
— Whale Alert (@whale_alert) March 11, 2022
These transfers, which do not directly affect the price, $1.1 billion corresponding to.
It is unknown whether these transfers from Coinbase Pro are an actual purchase or an internal transfer of an exchange.
Looking at the Coinbase Pro reserves, it is seen that these transfers had a great impact and there was a sharp decline. It is seen that the general BTC reserves of crypto money exchanges have decreased to the lowest levels of the year. Total BTC reserves on 21 leading cryptocurrency exchanges to 2,357 million units as much as it declined. Whales, on the other hand, may have increased purchases.
It is possible to see fluctuating price movements, especially in these days when we enter the weekend when the volume is low.
For this reason, it is recommended that investors stay away from leveraged transactions.