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Bitcoin Whale Resurfaces After 14 Years, Transfers Millions in BTC: Is a Price Shift Coming?

  • A Bitcoin whale has emerged after 14 years, transferring 40,000 BTC from pre-2011 wallets, now valued at over $2.1 billion.
  • The whale's activity has caused a spike in on-chain metrics for long-term holders, raising concerns about potential market shifts.
  • Bitcoin's price remains near $110K as traders anticipate a breakout or correction, with significant resistance levels hindering upward momentum.
  • Approximately 80,000 BTC in dormant wallets are being closely monitored amid market uncertainty, with attention on potential movements affecting BTC's direction.

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