When a large whale moves in the sea, it creates undulations through water. Likewise, when a big bitcoin
The holder, often called cryptocurrency, moves his parts on the chain, which creates a buzz on social networks, which prompted observers to wonder if it is a prelude to a sale and volatility of prices downwards.
Early Friday, two portfolios, labeled “12tls … XJ2ME” and “1KBRS … AWJYM”, moved 20,000 BTC, worth more than $ 2 billion, to new addresses, according to data followed by Blockchain Sleuth Lookonchain. The addresses received these pieces on April 3, 2011, when Bitcoin was at the price of around 78 cents.
Today, BTC is more than $ 109,000, which implies an amazing return of 140,000 times for the two whale addresses, which means that they have a strong incentive to liquidate their assets. Many long -term holders have been selling their parts since BTC exceeded $ 100,000 in May.
That said, the latest transfers were made to non -exchange addresses, which have been silent since the reception of these parts. It is therefore too early to conclude that the transfer operation aims to make profits.
