🚨Bitcoin whale is making moves! 500 BTC bought at low prices, suspected long-term positioning!
About 12 hours ago, a new whale withdrew 500 BTC from one of the largest global exchanges during a price correction, worth approximately 47.82 million USD! This 'no history' new wallet likely represents cold storage or a custody account—a typical sign of long-term holding!
📉 Bitcoin surged to 97,000 last week but has since corrected, currently stabilizing around 94,500. This large transfer occurred during a market fluctuation, suggesting this big player may be bullish on future trends.
📊 Although the short-term technical outlook is bearish, on-chain behavior tells us: large funds are quietly positioning themselves, not panicking!
