#BTCWhaleMovement
BTC Whale Movement Alert
Massive whale activity detected:
- A dormant whale moved 30,000 BTC ($3.2B) after 14 years of inactivity, consolidating holdings into modern wallets—no exchange deposits observed .
- 1,595 BTC ($168M) was deposited into Binance, signaling potential selling pressure near the $108K resistance .
- Simultaneously, an institutional whale withdrew 1,345 BTC ($143M) from Binance to cold storage, indicating long-term accumulation .
- Over 8,600 BTC ($930M) shifted across exchanges and private wallets in 24 hours, including OTC-like transfers to Coinbase Institutional .
Why it matters: Mixed flows highlight strategic repositioning—dormant holders modernize storage, while active whales balance profit-taking and accumulation. Exchange reserves remain at multi-year lows, supporting bullish sentiment