A new cryptocurrency whale was born because, about 12 hours ago, a whole new Bitcoin (BTC) The portfolio withdrew 500 BTC – worth around $ 47.82 million – Binance. The time of the transfer is interesting because it occurred in the middle of a price correction after the gathering last week.
Bitcoin had reached about $ 97,000 earlier in the week, but then lost steam. Prices have dropped a little, lowering less than $ 94,000 before going up slightly at around $ 94,500. Even with this recent beast, the whale's decision to buy and move such a quantity out of the exchange suggests a potential optimistic position, not of retirement.
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What is interesting is that the reception portfolio was new, without history. This usually points to cold storage or the configuration of the guard, not the trading activity. This type of move generally means that the buyer does not plan to return the coins anytime – they are there for the long game.
Whale transactions like this are closely monitored, especially when the feeling of the market is mixed. Some short -term indicators show a downward trend, but this major type of outing suggests that some great players are still accumulating, not unloading.
In many previous cases, similar whale behavior came before renewing rallies or accumulation phases.
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As there have not yet been transactions out of the wallet, it is clear that the funds remain in place for the moment. This gives the impression that it is more about having a long -term plan than simply jumping in and out of the market.
It is difficult to say if it is a greater change in trend or a bet of an investor, but the size and time of the transfer are sufficient to attract the attention of cryptographic space.
