📢 A whale awakens after 5 years of silence: turning point signal or simple safekeeping?
On August 18, an inactive Bitcoin wallet for 3 to 5 years moved 31,968 BTC, equivalent to $3.78 billion. The data was confirmed by CryptoQuant and quickly raised alarms throughout the community. Why does it matter? Because historically, this type of movement often coincides with key market moments.
In January 2024, a similar transfer of 33,800 BTC marked a local bottom. Today, after the event, BTC fell -2.5%, rejected at the resistance of $121,500, and is trading around $115,300. The coincidence did not go unnoticed.
Analysts are considering several scenarios:
> Reallocation to cold storage
> Preparation for sale after years of holding
> Concealed institutional movement
Although there is no confirmation of direct sale, the mere act of moving that amount generates psychological pressure and volatility.
For tactical traders, this type of on-chain signal can anticipate trend changes, especially if combined with volume, open interest, and derivatives behavior.
We continue to monitor🔎. Because when a whale moves, the market listens.
