A cryptocurrency whale just transferred 3,500 BTC worth approximately 409 million USD after three years of inactivity.
This event was discovered by Lookonchain, showing a significant movement by a cryptocurrency whale after three years of silence in the market.
MAIN CONTENT
The cryptocurrency whale just transferred 3,500 BTC to a new wallet after 3 years.
What is a cryptocurrency whale and the significance of the recent action?
Cryptocurrency whales are individuals or organizations holding large amounts of BTC, capable of significantly influencing the market.
What is the total value and profit from this whale's transaction?
The whale transferred 3,500 BTC, equivalent to approximately 409 million USD at the current price.
What is the history and significance of the BTC withdrawal transaction three years ago from Gemini?
Three years ago, a whale withdrew 3,500 BTC from the Gemini exchange, valued at that time at 104 million USD.
What is the potential impact of the whale's movement on the current cryptocurrency market?
When whales act, investors and institutions monitor closely as this movement can trigger significant price volatility.
Frequently Asked Questions
What is a cryptocurrency whale?
Whales are investors holding large amounts of BTC or cryptocurrency, capable of significantly impacting the market.
Why do whale transactions have a significant impact?
How much is 3,500 BTC worth now?
Approximately 409 million USD at the current BTC price.
What could be the impact of this money transfer?
It can affect BTC prices depending on the purpose of the transferred funds.
Why is the holding time of BTC important?
Long holding times indicate a long-term investment strategy and high potential returns.
Source: https://tintucbitcoin.com/ca-voi-chuyen-3500-btc-loi-lon/
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