🔄 UPDATE: All 8 giant Bitcoin wallets from the Satoshi era have "awoken" after 14 years of silence, likely belonging to the same owner, and have moved a total of 8.6 billion USD in BTC in just one night. 😱
📉 Short-term impact on BTC price:
- Selling pressure: The movement of BTC from dormant wallets raises concerns about being dumped on the market, causing downward price pressure.
- Panic sentiment: Large inflows from old wallets leave many retail investors confused, easily selling off due to fear of "whales" taking profits.
⚠️ Recommendation: Traders should be cautious, avoiding FOMO or panic during this period of high market volatility.
