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The mysterious whales or why Bitcoin exploded by more than $ 2,000 in hours
In the past 24 hours, the entire cryptom market has traded in the green area because Bitcoin's price reached a maximum of only about $ 25,000. The last time BTC was traded around this level was in August 2022, and the market seems to be ecstatic. But why did Bitcoin pump? Mysterious Bitcoin whales behind the Rally? As mentioned above, the BTC Prize rose yesterday and rose by more than $ 2,000 in the last 24 hours alone. While a somewhat positive CPI print could also be part of the reasons, it seems that some mysterious whales also ...
The mysterious whales or why Bitcoin exploded by more than $ 2,000 in hours
In the last 24 hours, the entire cryptom market has traded in the green area because the price of Bitcoin achieved a maximum of only about $ 25,000.
The last time BTC was traded around this level was in August 2022, and the market seems to be ecstatic. But why did Bitcoin pump?mysterious Bitcoin whales behind the rally?
As mentioned above, the BTC Prize rose yesterday and rose by more than $ 2,000.
in the last 24 hours aloneWhile a somewhat positive CPI print could also be part of the reasons, it seems that some mysterious whales are also involved in the movement.
Data from Lookonchain revealed that there are a few mysterious funds that have recently moved huge amounts of cash.
Several funds/institutions withdrawn 1.6 billion USDC from Circle and only paid 0.2 billion USDC. The mysterious funds that were previously shared did not stop pouring money into the cryptoma market when BTC/ETH fell.
his address "0x308f" has withdrawn from Circle and broadcast on stock exchanges since February 10th.
Additional information show that the same fund has also withdrawn almost $ 400 million and transferred to the stock exchange since February 10th.
more whales
But that's not the only mysterious wallet full of money that has recently pumped it into the markets. The data also show that a different address, "0x3356", has almost a whopping $ 1 billion and paid in.
Another has withdrawn about $ 143 million from Circle and also buys.
The question is now, who is the owners of these addresses? Are they institutions? Maybe another listed company jumps on board?
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