What happened!! Is BTC really not looking back?? Then let's go all in on BTC🧧
The ancient giant whale🐳 is moving again: after continuous selling in the morning, it just transferred two transactions totaling 3,500 BTC (worth $400 million) to Galaxy Digital.
The cumulative selling amount is 30,000 BTC (about $3.6 billion).
Attention⚠️! Currently, this giant whale address still holds 50,000 BTC (about $5.8 billion).
The selling pace is rapid: continuous large transfers today, is the giant whale preparing to sell everything at once? Come on, big shot, share some insider news with us, haha 😂
It’s not hard to see that although there is massive selling pressure, the coin price remains relatively stable. The market absorbed $3.6 billion of sell orders in a short time, and the buying support in the market is still strong.
If this giant whale is preparing for continuous selling, we need to observe whether the market liquidity can continue to absorb it! (Set your stop-loss, friends, don’t play too recklessly!)
This giant whale is suspected to be a dinosaur fossil-level player who has held since 2014 (55555 I’m so envious😭) with an extremely low purchase cost, they can really hold on 🤪
If BTC can stabilize under the current selling pressure, it may indicate that the bull market depth is still present🐂