A person moved 10,000 Bitcoins for the first time after 14 years! 😱
He bought them at $0.78 each…🤯
And today they all moved in one transfer 😳
Strange movement shaking the crypto market today:
“Legendary” Bitcoin wallets that have been dormant for 14 years, back when the price of Bitcoin was less than $1, suddenly wake up and move 10,000 BTC each, meaning each wallet currently holds about a billion dollars!
🚨 So what does this movement mean? How might it affect the market?
🔍 Logical explanation:
•It could be that the wallet owners decided to sell after years of inactivity, taking their profits that have turned from a few dollars into billions.
•Or it could be a restructuring of wallet security (moving to newer and more secure wallets), especially with the increase in cyber attacks today.
•There’s a third possibility: it could be a preparatory step to psychologically move the market, either to scare people or to attract media attention.
⚠️ Expected impact:
•If a portion of these quantities is sold in the open market, we will see significant selling pressure, which could break strong support levels.
•But if it's just an internal transfer (no actual sale), the impact will be more psychological than price-related. However, the market is currently sensitive to any news, so we shouldn't rule out strong fluctuations.
📊 Summary:
Movements like this always create fear and doubt in the market, but we need to monitor whether this Bitcoin will enter the exchanges (a sell signal) or if it’s just a transfer to other wallets.
