đĽLarge Transaction AlertđĽ
686
$BTC (equivalent to about 60,580,019 USD) has just been transferred from an unidentified wallet to the Gate exchange.
đŞPerhaps when seeing BTC price exceed 88k, whales took the opportunity to transfer
#BTC to the exchange. In my opinion, the high intention is to sell when the BTC price increases; regarding the reason for transferring to intimidate, that may not be the case.
đââď¸If I put myself in the position of a whale, when seeing the price rise after a long decline, I would also take the opportunity to sell, because I feel that the trade war is still ongoing, Trump and Powell are tense, đ§there's no reason for it to uptrend so quickly, it will definitely drop again, and if it does drop, I can buy back at a lower price, which is still okay.đ¤
=> Therefore, I deduce that the transfer to the exchange is to sell (this is just my opinion based on my psychology, it may not align with others' views; if anyone has different opinions, please share)đ
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