💥💥 Strange movement shaking the crypto market today:
'Legendary' Bitcoin wallets have been inactive 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 could it affect the market?
🔍 The logical explanation:
• The wallet owners might have 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 (transferring to newer, safer wallets), especially with the rise in cyber attacks today.
• There's a third possibility: it could be a preparatory move to psychologically influence the market, either to scare people or to attract media attention.
⚠️ Expected impact:
• If part of these amounts is sold in the open market, we will see significant selling pressure, potentially breaking 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 volatility.
📊 Summary:
A movement like this always creates fear and doubt in the market, but we need to watch whether this Bitcoin will enter exchanges (a sell signal) or if it's just a transfer to other wallets.