These long-term holders have proven to be more successful than short-term traders who frequently buy and sell Bitcoin. 
The Federal Reserve has been hinting at potential interest rate hikes for the past two months, even though they decided to pause the hike in the previous month’s FOMC meeting.
Last week, a significant number of prominent investors with substantial BTC holdings took action after years of dormancy. On July 20, two wallets from 2011, each containing 10 BTC (currently valued at $290,222 as of this writing), transferred their holdings to new locations. The following day, a wallet holding 5 BTC ($146,383) moved after remaining inactive for 12 years.
Moreover, approximately $30.3 million worth of “digital gold,” equivalent to 1,037 BTC, was transferred by its owner to a new wallet, marking the first movement since 2012, when the cryptocurrency was valued at $4.92 per coin.
A BTC whale that has been dormant for 11 years transferred all 1,037.42 $BTC($37.8M) to a new ad

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/bitcoin-price-prediction-whales-making-moves-as-btc-anticipates-spot-etf-amid-macro-catalyst-absence/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-price-prediction-whales-making-moves-as-btc-anticipates-spot-etf-amid-macro-catalyst-absence