$BTC #BTCWhaleMovement
🐳 **#BTCWhaleMovement – Bitcoin whales awaken from a 14-year slumber!**
In a rare event, a movement of over 20,000 BTC (worth over $2 billion) was observed from two old Bitcoin addresses dating back to 2011, after more than 14 years of dormancy. Such massive movements attract the attention of traders and raise questions about intentions to sell or reposition.
🔎 On-chain analysis – from CoinDesk and Glassnode:
The funds were transferred to new addresses not associated with exchanges, indicating that this move may be merely key management or security enhancement, rather than readiness for sale.
Today's market dynamics are witnessing a struggle between whale distribution and institutional fund flows; leading to a relative balance and a stable market above the $105–108K barrier.
Despite the temporary calm, distribution pressure from large whales is expected to lead to short corrections, especially with BTC's sluggish monthly growth, while 'funds' and institutions continue to absorb flows.
📈 At the same time, another large whale (1k–10k BTC) appears to be in a new accumulation phase, according to Glassnode data—reinforcing a balanced outlook for future upside amid declining volatility.
BTCUSDT
Perpetual
108,100.9
+0.62%
BNBUSDT
Perpetual
653.82
+0.42%
