A Bitcoin that has been still still in a long time $116,619.66 Large -scale transfer from the wallet, drew attention in the crypto money market. A total of 3,000 BTC, which has not been touched for about ten years, has been transferred to different newly created wallets, worth 349 million US dollars with today’s exchange rate. The lack of identification of the identity behind the transfer in question led to various interpretations between market analysts and participants.
Large transfers from wallets that remain silent for a long time
The data on Blockchain showed that the transfer was transferred to new wallets from 30 old Bitcoin addresses. It was stated that 100 BTC was transported from each address. It is known that the transmitted assets have not moved since 2015. It is stated that there is no confirmed explanation regarding this development.
Market experts think that this movement can be part of the trend of large -scale old wallet transfers observed in recent weeks. In June and July, similar major transfers were made. The recent transportation, the crypto currency market can lead to unexpected fluctuations.
Billion dollar sales and comments of analysts
In July, a gigantic process had previously been realized with the launch of more than 80,000 BTCs of inactive wallets for 14 years. This sale was reported to be about 9 billion US dollars. The transaction caused various controversy between crypto currency investors and analysts.
“This process has been considered one of the earliest and most important outputs from the digital asset market.” his statements were included.
People who are described as ‘whale’ in the market generally have 1,000 BTC or more. In the early years of Bitcoin, these people may have accumulated a significant amount of Bitcoin with mining. However, today, such a large -scale Bitcoin does not seem possible for individual miners.
In recent years, it has been observed that most of the crypto currencies have been collected by corporate firms and some states. Experts say that the role sharing in the market has changed rather than individual user in favor of institutional structures. Coin’s increasing value, as well as the strategies of wallet holders are thought to be diversity.
Price Movements and Market Reflections
Bitcoin found buyers at $ 117,400 at the time of the transaction. However, the price of BTC was forced to stay over $ 115,000 during August. Analysts assess that whale movements can increase price fluctuations.
Market observers think that large -scale transport and sales transactions may affect investor confidence. In addition to the wallet mobility, the price of Bitcoin has experienced a record decline in a recent period and a series of negative market development is effective.
Bitcoin transfers and mobility is estimated to have speculative effects and have the potential to change the power balances in the market. According to expert views, such high amounts of transactions will continue to be followed closely.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
