On July 4th, the cryptocurrency world experienced a sudden upheaval! Whale Alert issued an emergency alert, waking up a wallet address that had been dormant for 14.2 years, containing 10,000 Bitcoin (equivalent to 1.092 billion USD).
In 2011, when these 10,000 Bitcoins were transferred to this address, they were worth only 34,233 USD. Now, they have resurfaced, causing a market frenzy. Even more explosive is the fact that this is the third '14-year dormant' whale address to awaken today, and each address holds 10,000 Bitcoins. The first two addresses belong to the same OG whale. Netizens are buzzing with speculation, with some daring to guess: 'Satoshi Nakamoto is still alive, secretly cashing out, and these addresses are his!'
But don’t just panic. Those who are exclaiming '80,000 Bitcoins will flood the exchange, and the market will crash,' think carefully. If Bitcoins were really dumped directly onto centralized exchanges (CEX), causing prices to drop to 90,000 or 80,000, then the value of 8.4 billion USD would instantly shrink to 5 billion USD. Who could bear that? If one really wants to sell, the over-the-counter (OTC) market is the wiser choice.
This is just another instance of market sentiment fluctuations triggered by news; haven’t we seen this type of drama before? When prices drop, it’s a great opportunity to buy at a bargain, so don’t blindly chase prices when they rise. When faced with activity from Bitcoin whale addresses, staying calm and rational is the correct way to approach investing in the cryptocurrency market.
Follow me for guidance on this cryptocurrency track! And for constructive advice!
#美国加征关税 #比特币巨鲸动向 #Solana质押型ETF #大而美法案 #BTC走势分析 $BTC
