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Bitcoin Whale Activity Signals Sell-Off, Should You Cash Out Too? The Coin Republic 14 lis 2024

Bitcoin Whale Activity Signals Sell-Off, Should You Cash Out Too? 🐋

A whale possessing 8000 BTC has transferred 2000 BTC to exchanges, indicating the possibility of a forthcoming sell-off. Despite these signals, Bitcoin’s price remains remarkably steady, hovering at $87,700.

This event has not drastically affected its price today, showing a mere increase of 0.31% amid the sell-off activities.

Interestingly, Bitcoin recently reached a historical milestone, surpassing $90,000 on Thursday following a period of successive growth over the past week.

This trend highlights the ongoing uncertainties and dynamics within the cryptocurrency market, where large transactions by key holders, or 'whales', can signal shifts yet not immediately impact market stability.

Źródło: www.thecoinrepublic.com ↗