#BTCWhaleMovement , according to data from blockchain transaction analysis companies “EmberCN” and “Blockchain Index”.
The data shows that the whale still holds two additional wallets, each containing 10,000 Bitcoins that have not been moved yet, meaning he owns at least 80,000 Bitcoins based on current balances.
The transfers were made in six equal batches, with 10,000 Bitcoins per batch.
It is noted that these coins were originally purchased at a price not exceeding 2 dollars per Bitcoin.
Similar movements usually raise concerns about potential selling pressure, but this time none of these coins reached exchange addresses.
It is likely that the whale is restructuring his storage settings or quietly preparing for future moves.
In the meantime, the price of Bitcoin is currently trading at around 108,000 dollars, recording a decrease of 1.5% over the past 24 hours, according to data.