You have heard about 8 dormant wallets wake up.

But no one disclosed what can happen next. Here is dark reality of all these shit wallets:

If we track all wallets we will notice they received #BTC from Coinbase 13 or 14 years ago.

But one wallet that is backing the one of these wallets make a transaction of 500 $BTC in 2017. Here it is

1MEN24zP2wNSXcMA6cn1HSMgkX1bxE5BNH

Out of these 500 #bitcoin that wallet transferred 50 BTC to Bit stamp probably for selling.

If we track it further that wallet used chain fishing and transferred remaining to #Bitstamp in 2018.

It is just one wallet I tracked have not tracked remaining wallets yet. Here is what we can conclude from it:

If we see any large scale exchange inflow in smaller transactions it will be a clear cut signal that these whales are going to dump their BTC on retailers who are seeking $140K.

So now keep your eye on exchange inflows only they will determine next move of BTC.

On the same time if Coinabse Prime increase it will be hint of institutional buying from these whales via OTC that can impact positively on market.

If I conclude keep eye on exchange inflows and coinbase premium.