Two whales with more than 10 years of experience moved more than 160 Bitcoins in unknown directions. The amount is $9.6 million. The movements occur in the middle of a bear market.
According to information shared by the X account @Whale_alert, The first of the whales moved about 119 BTC today, valued at more than $6.8 million.
As Whale_alert pointed out, interestingly, this whale had been inactive for over 12 years, so these cryptocurrencies would have been acquired in 2012 for less than $600 at that time.
In the other case we have a whale dating back to 2014, just over 10 years old, which moved about 43 BTC (2.5 million) to an unknown address.
Bearish pressure on the market
This July 4th we have to Bitcoin fell below $57,000. These and other events have affected the price of Bitcoin, trading at around $58,165 per unit, a figure that represents a 2.6% drop in the last 24 hours.
Taking into account the forecast of various analysts, who predicted that Bitcoin would exceed $70,000 this month, That outlook could be widely affected if there are abrupt changes in the financial market.
Source: Ambito
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