#BTCWhaleMovement
It a Sale or Just a Shuffle?
Most transfers went to non-exchange addresses, indicating repositioning rather than sales .
Coinbase’s Conor Grogan noted a slight possibility these moves resulted from a hack, though that theory remains speculative .
3. Market Reaction
After the 80K BTC move, Bitcoin dipped from ~$110K to ~$107K, but quickly rebounded to around $108K—signifying that bullish sentiment remains intact .
Indicators like on-chain liquidity clusters at ~$110K and positive funding rates suggest a potential upward momentum .
