Bitcoin (BTC) is close to the psychological level of $ 100,000 despite recent wild fluctuations and volatility on the digital asset market. The part has maintained higher hollows for each retrace, possibly feeding the interests of large holders.
Speculation of massive whale transfer sparks
Based on a transaction spotted On whale alert, a Bitcoin whale transferred a huge 3,289 BTC, worth around $ 318,883,825 in Coinbase. This decision sparked speculation while market participants closely monitor BTC prices.
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In particular, when the whales move from large volumes of assets to exchanges, this indicates a potential sales of sale. This unidentified whale probably positions its Bitcoin in Coinbase in preparation for the Flip of $ 100,000 in the room.
This could be to discharge for taking advantage as soon as BTC reaches the brand. If the Bitcoin whale is positioned to sell, the action could contribute to any possible change in trend on the market, which can have an impact on the price.
The choice of exchange has also raised concerns, because Coinbase generally manages large trades. This development suggests a possible large -scale institutional action which, when discharged, could stun the market.
At the time of the press, Bitcoin was trade at $ 97,857.55, reflecting an increase of 1.12% in the last 24 hours. Investors are looking at fluctuations because the volume of negotiation fell slightly 1.73% to $ 28.7 billion.
Saylor doubles forecasts of $ 1 million BTC
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Comments from market experts have completed the air as soon as BTC recovered $ 97,000. The long -term evangelist Bitcoin Michael Saylor made a bullish comment on the asset. Saylor believes that Bitcoin will continue to dominate independently of temporary fluctuations.
As U.TODAY reported, Saylor recently urged investors to acquire Bitcoin, as the asset will reach $ 1 million. He firmly believes in the potential of the medal to make narcotic price movements in the near future and thinks that it is the best time to acquire it.
