#BTCWhaleMovement
Whale Alert! 🚨 A dormant Bitcoin whale has awoken after 14 years, moving 60,000 BTC worth around $6.5 billion. This massive transfer has sparked speculation about the whale's identity and potential market impact.
*Key Details:*
- *Whale's Holdings:* The whale initially held 80,000 BTC, acquired at an average price of $2 per coin.
- *Transfer:* 60,000 BTC was transferred in six equal batches of 10,000 BTC each.
- *Remaining Holdings:* The whale still controls at least 20,000 BTC.
*Market Impact:*
- *Price Drop:* Bitcoin fell below $108,000 amid the sudden movement, sparking fears of a major selloff.
- *Technical Indicators:* Toxic order flow and a key trendline breakdown have raised caution flags.
*Speculation:*
- *Roger Ver:* Some speculate that Bitcoin evangelist Roger Ver might be behind the movement, given his release from prison around the same time.
- *Wallet Compromise:* Others suggest a potential wallet hack or compromise