A Bitcoin holder recently transferred 20,000 coins that had been dormant for over 14 years (#BTC ), valued at approximately $2.18 billion. The transfer of these 20,000 Bitcoins triggered a strong market reaction, causing the Bitcoin price to plummet from its previous high of $110,000, and market sentiment cooled almost instantly.

It is worth noting that 14 years ago, the purchase price of these Bitcoins was only $0.78, meaning that the return on this transfer is as high as 140,000 times. This enormous return has attracted widespread attention in the market and has led many investors to reassess the future direction of the Bitcoin market.

This wave of Bitcoin price fluctuations has undoubtedly disrupted the previous bull market trend, and the sharp change in market sentiment has created uncertainty about the future price of Bitcoin. However, as a trading and digital asset platform (#稳定币 ), BiyaPay not only supports the exchange of USDT and other fiat currencies such as the US dollar, but also offers zero-fee spot and contract trading, as well as USDT trading for US and Hong Kong stocks, allowing users to respond flexibly to the complex market environment and ensure the safety and appreciation of their assets.