Bitcoin whales do market movements: over $ 200 million in BTC transactions and the comeback of old investors!

Bitcoin whales do market movements: over $ 200 million in BTC transactions and the comeback of old investors!

Bitcoin whales and their latest transactions: an analysis

In the past few days, the movements of some Bitcoin whales have attracted great attention among market observers. An analysis of the Arkham Intel platform reports about an impressive BTC purchase worth over $ 200 million. In this transaction, according to Arkham, a whale lifted around 2,400 BTC from the Krypto exchange Binance and added it to its stocks. Despite a few profit takeover in February, this unknown entity continues to have Bitcoin worth around $ 1.3 billion in your wallet.

In addition, another Bitcoin Wal, which has been inactive for eight years, recently moved over 3,000 Bitcoin worth $ 250 million. According to Arkham, the Bitcoin stock of such a wham rose from three million dollars in early 2017 to over $ 250 million today, which illustrates that the Bitcoin system has been kept on an address for over eight years.

The movements of this old whale were also perceived by the cryptoquant analyst Maartun. He found that there have been several activities through old Bitcoin whales in the past few weeks that correlated with the latest market movements.

Although the exact reason for the transactions of the so -called "OGS" (original gangsters) remains unclear, indications indicate that experienced investors may begin to increase their stocks again. According to data from Glassnode, these long-term holders are in the process of using the more favorable courses for acquisitions after they have passed several distribution phases. If this trend stops, the Bitcoin course could continue to stabilize and initiate a new upward movement.

Developments in the field of Bitcoin transactions and the behavior of the long-term Holder are still closely observed. The markets are on the move and the activities of the whales are an important indicator of potential trends and future price movements in the Bitcoin market.