largest in the world Bitcoin (BTC) Some of the whales made heavy trades just before the war, further confusing the mixed market. Looking at the last 24 hours of activity, it is seen that whales have traded more than 10,000 BTC.
Bitcoin Whales Active
Coinbase’s wallets, which are used by US institutional investors, have been very active lately.
In the last 24 hours 10,653 BTCtransferred directly from Coinbase wallet to unknown wallets.
The end of the piecemeal transfers has always been unknown wallets. The biggest transfer is in one go. 5,000 BTC sent by the whale. This corresponds to approximately 190 million dollars.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 5,000 #BTC (190,171,100 USD) transferred from #coinbase to unknown wallethttps://t.co/oFK0YyVjAF
— Whale Alert (@whale_alert) February 21, 2022
Subsequently, 3,000 BTC, 823 BTC and 745 BTC transactions were made and these were transferred from Coinbase to other wallets. In the fifth transaction, a total of 1,085 BTC worth $42 million was transferred directly to Coinbase.
Target Price For BTC
Famous crypto analyst Will Clemente made a statement on the subject that deep-pocketed whales 30,000 dollars to $35,000 He stated that he is preparing to buy BTC from among
According to Clemente, the main reason for this activity is actually the expectation and the desire for more decline. According to the analyst, the BTC price may see $30,000 again, and that’s exactly what whales are preparing for.
There is also the possibility that Russian whales are attracting their funds to a decentralized exchange for safekeeping. While the latter is unlikely, recent events in Canada have eroded trust in central institutions, and Russian billionaires may well be afraid of it in the aftermath of recent events.