One Bitcoin (BTC) 
$87,585 whale managed to attract attention with the high amount of BTC transactions it made recently. On-chain data provider lookonchainAccording to , this investor, who has 8 thousand BTC assets worth approximately 6.99 billion dollars, transferred 300 BTC (approximately 26.27 million dollars) to the cryptocurrency exchange Binance for sale. This move by the giant investor caused speculation in the cryptocurrency market.
It Has Also Sold at High Prices in the Past
Data show that the whale in question had previously recorded 2 thousand deaths on April 4 and April 5, 2024. BTCIt shows that he made a total profit of 132.4 million dollars by selling at a unit price of 67 thousand 130 dollars. This selling move came after the price of the largest cryptocurrency reached its peak level at that time.
Now the investor buys a smaller amount of Bitcoin. Binance It gives signals of returning to the market by transferring it to the stock exchange. This reveals that the investor dynamically directs his sales strategy according to market movements.
The Whale’s Movement Worried Investors
This transaction of the whale, which moved 2 thousand BTC for sale in the past 10 hours, caused concern among investors in the market. Whale transferred 300 BTC of his transaction to the cryptocurrency exchange Binance. Such large-scale transfers often cause speculation for a decline and can create selling pressure on the market.
According to current data, Bitcoin is traded at $ 87 thousand 329, with a decrease of 1.19 percent in the last 24 hours. Despite the decline in the last 24 hours, the data is large cryptocurrencyIt shows that has made a big breakthrough, rising by 17.89 percent in the last 7 days. Bitcoin’s transaction volume in the last 24 hours is over 115 billion dollars. However, the total market value is 1.72 trillion dollars.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
