menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Dormant Bi...
source image

TronWeekly

3w

read

153

img
dot

Image Credit: TronWeekly

Dormant Bitcoin Whale Moves $1.09 Billion: Is a Major Sell-Off Ahead?

  • A dormant wallet holding 10,000 BTC worth $1.09 billion was recently moved, sparking speculation about the owner's intentions.
  • Bitcoin's price is nearing its all-time high, with increased whale activity and institutional ETF inflows.
  • On-chain data indicates that long-term holders remain confident, with 14.7 million BTC unmoved for over 155 days.
  • While some speculate that the whale's move could signal a potential sell-off, others view it as part of BTC redistribution among holders for market health.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app