CoinOtag
2024-06-29 00:59:14

Bitcoin Whale Moves 1,000 BTC to Coinbase After 6-Year Dormancy, Adding Selling Pressure

Recently, a long-inactive Bitcoin whale has emerged, transferring 1,000 BTC to the cryptocurrency exchange Coinbase. This movement adds significant selling pressure on Bitcoin, a trend observed in several dormant Bitcoin wallets recently becoming active. According to data, this whale acquired the Bitcoins about six years ago for roughly $6.68 million. After years of dormancy, a

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.