While the turbulent movements in the crypto market continued, Bitcoin (BTC) whales caused concern in crypto investors with their transactions.
of BTC The fact that it lost more than 10 percent in a short time frame brought many question marks about the crypto market. Especially BTC that hasn’t been active for years. whales , has recently taken action again, attracting attention. Whales, which have an important share in the crypto industry, seem to have created fear in crypto investors with their transactions. BTC transfers are generally “ sales” was one of the negative data about the progress of the market.
What transactions do BTC whales carry out, which puts psychological pressure on investors?
Data on Bitcoin (BTC) Whales
According to published data on BTC whales, one wallet was last active in 2012 over the weekend. It moved over 400 BTC ($11 million).The same BTC whale 360 BTCinto a wallet and 40 BTC Moved it to another wallet. This BTC whale bought around 900 BTC in 2012. Since then he has held BTC assets and from the initial investment about 40,000 percent gainhad achieved.
Another BTC whale wallet moved around 279 BTC in early April after more than a decade of inactivity. BTC whales, which resurfaced years later, created an atmosphere of panic in the crypto investor, giving rise to many rumors. The identities of these whales are not yet known and they are silent by not using onchain messages.
