Bitcoin Whales and Miners Are Moving Massive Sums: What Does This Mean for BTC’s Price?
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Bitcoin (BTC) briefly climbed above $107,000 on Monday before slipping back below $105,000. As the cryptocurrency continued to struggle in posting a meaningful recovery, whale activity has notably picked up. This cohort has sent more than 19,500 BTC to Binance between October 12 and November 3. The stash is worth roughly $2 billion.
What’s perhaps even more worrying that miners have followed suit.
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Bitcoin Whales and Miners Are Moving Massive Sums: What Does This Mean for BTC’s Price?
Share:
Bitcoin (BTC) briefly climbed above $107,000 on Monday before slipping back below $105,000. As the cryptocurrency continued to struggle in posting a meaningful recovery, whale activity has notably picked up. This cohort has sent more than 19,500 BTC to Binance between October 12 and November 3. The stash is worth roughly $2 billion.
What’s perhaps even more worrying that miners have followed suit.
In This News
Share:
In This News
Share:
Read More
JPMorgan Retains Gold-Linked $170K Bitcoin Target Despite Recent Plunge