#BTCWhaleMovement When a large whale moves in the sea, it creates ripples across the water. Similarly, when a large bitcoin
BTC
$108.278,68
holder, often referred to as a crypto whale, moves its coins on-chain, that creates buzz on social media, prompting observers to wonder if it's a prelude to a sale and downside price volatility.
Early Friday, two wallets, labelled "12tLs...xj2me" and "1KbrS...AWJYm," moved 20,000 BTC, worth over $2 billion, to new addresses. These flows were first noted by blockchain sleuth Whale Alert, and later by Lookonchain. The addresses received these coins on April 3, 2011, when bitcoin was priced at around 78 cents.