When will these ancient giant crocodiles finish their business...
5 wallets from the Satoshi era awakened, transferring 250 BTC to a new address after 15.3 years of dormancy, worth nearly 30 million dollars.
Wow, the movements of these ancient whales are really significant, combined with another activation of 50 BTC that has been dormant for 15 years, it feels like the old miners are collectively cashing out? Market sentiment will definitely be affected, and BTC's short-term volatility is likely to increase.
Personally, I think this suggests that large holders are cashing out at high levels, but if the Federal Reserve really cuts interest rates in September, BTC could break the 120,000 dollar mark. Everyone, don't panic, and pay attention to the subsequent actions of the whales.
Related ETF inflows are strong, BlackRock's ETHA holdings exceed 11.3 billion dollars, and institutional funds are currently supporting the market.