It seems that yesterday’s dump on Bitcoin was partially triggered by a large sale by a whale who accumulated the cryptocurrency in 2010 directly through mining.
A total of 1000 BTC were sold in the trading session by the mysterious entity, which had previously appeared to liquidate another mined supply in past years, when the block reward was higher and there was very little competition in the market.
In detail, let’s see below what was the real impact generated by these sales on the price of Bitcoin and if the whale still has resources to monetize.
Bitcoin price action: yesterday’s dump was contributed by a whale that mined BTC in 2010
Yesterday, as Bitcoin was about to experience the first major dump after a long series of positive candles, a whale that had mined the cryptocurrency back in 2010, decided to press the sell button, accentuating the decline.
According to the website btcparser.com, the large BTC holder has transferred a total of 1000 BTC to Coinbase, in
We współpracy z: https://en.cryptonomist.ch/2024/03/06/a-whale-from-2010-triggers-the-bitcoin-price-dump/
