Big brother, are you still awake? I just saw you on Douyin😁
KZG 口罩哥
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After 14 years of silence, a giant whale holding 80,000 BTC has transferred 10,000 BTC to the same address, now totaling 20,010 BTC valued at $2.42 billion.
The old antique whale is active again, having just moved 10,000 BTC half an hour ago. This consecutive action raises speculation about whether it's for cashing out or a safe transfer.
Bitcoin has just fallen below 121k, which I think could intensify market panic, but it might actually be institutions positioning themselves.
Combined with CoinShares' record inflow of $3.7 billion into digital assets last week, institutions are leading the bull market. Don't panic sell; QCP advises caution in chasing prices higher, and it’s better to position during a pullback while paying attention to the impact of the Federal Reserve's remarks on not lowering interest rates.
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