๐ Dormant Whale Moves 50,000 BTC After 14 Years โ Volatility Incoming?
๐ Bitcoin dips after whale movement sparks concern
๐ Whale Alert!
A long-dormant Bitcoin whale just moved 50,000 BTC ($5.4B) in one day โ a massive shift compared to the daily average of just 3,700 BTC.
๐ Quick Highlights:
โข Origin: Early BTC miner wallet holding 161,326 BTC
โข Movement: 50K BTC moved in multiple transactions
โข Left Behind: 120K+ BTC still untouched for 14 years
โข Impact: BTC drops to $107,578, down ~2% after peaking at $110,530 Thursday
โข Exchange Volume: Falling โ now $5.9B/month, still 7% above yearly avg
โข Technical Outlook:
โ Key support at $106,827 (50 EMA) and $105,896 (100 EMA)
โ Break below may trigger sharper weekend downside
โ Eyes on Trumpโs July 9 tariff decision for next macro signal
๐ July Outlook:
Despite short-term fear, bulls still eye a retest of ATH near $111,980 if momentum returns.
๐ข Stay sharp, stay informed โ whale activity could signal major moves ahead.
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