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Two Thousand Bitcoins (BTC), dormant since 2010, have started to be transferred. Bitcoin, one of the most profitable investment instruments of the past 15 years, has made early investors significantly wealthy. The leading cryptocurrency has maintained a bullish trend for years. Occasionally, early investors decide to sell their BTC holdings. Recently, Anıl Cıncık, a successful Turkish on-chain analyst, identified an investor who bought BTC in 2011 and shared the following details: "At 22:29 CET, 2,000 Bitcoins, untouched for 13 years, were transferred and distributed to various wallets in increments of 37 BTC each. These Bitcoins, dating back to 2010, were initially held in wallets containing 50 BTC each, likely as miner rewards." It is estimated that the transferring wallet belongs to a Bitcoin miner. While the movement of BTC that has been idle since 2010 might seem concerning, it is important to note that the amount is too small to impact Bitcoin's price significantly. #btc70

Two Thousand Bitcoins (BTC), dormant since 2010, have started to be transferred. Bitcoin, one of the most profitable investment instruments of the past 15 years, has made early investors significantly wealthy. The leading cryptocurrency has maintained a bullish trend for years. Occasionally, early investors decide to sell their BTC holdings. Recently, Anıl Cıncık, a successful Turkish on-chain analyst, identified an investor who bought BTC in 2011 and shared the following details:

"At 22:29 CET, 2,000 Bitcoins, untouched for 13 years, were transferred and distributed to various wallets in increments of 37 BTC each. These Bitcoins, dating back to 2010, were initially held in wallets containing 50 BTC each, likely as miner rewards."

It is estimated that the transferring wallet belongs to a Bitcoin miner. While the movement of BTC that has been idle since 2010 might seem concerning, it is important to note that the amount is too small to impact Bitcoin's price significantly.

#btc70

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📈 🎴 AVOID BUYING AT ROUND NUMBERS 🎯 This post is quite technical but essential for understanding the market better. Read it carefully and revisit it if needed. 📚🔍 📈 Many of you likely use "Limit" orders to buy or sell your cryptos. For those unfamiliar, "Limit" orders let you buy or sell automatically at a specified price. For instance, if you want to sell 1 BTC at $68,500, you set a Limit sell order at $68,500, and it will sell your BTC once that price is reached. 💰⚙️ However, you should never place Limit orders at round numbers like $70,000, $75,000, or even $75,500. These levels are key psychological points where many others also place their orders, leading to a crowded field. This makes it harder for your order to be filled due to the large number of competing orders. 💡🔢📊 ✏ For example, if there are 1,000 BTC for sale at $70,000, all these orders need to be filled before yours. But 1,000 BTC is a significant amount, and it's unlikely that there will be enough buyers at this level. If you place your order at $69,999 instead, it won't change much for you, but it will be less crowded, increasing the chance of your order being filled. 🌊 🖌 If you have questions, feel free to ask in the comments. 💬❓ 🖍 These are my personal views. 🗣️ Thank you for reading. If you found it helpful, please like, comment, share, and subscribe. It helps me a lot. 💲 You can also tip me to support my efforts in educating you about the crypto market. Thank you to those who do. BTC: 69,749.7 (-0.31%) ETH: 3,817.91 (+2.15%) SOL: 176.82 (-1.9%) Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. #BTC☀️ #BinanceLaunchpool #ETH🔥🔥🔥🔥 #SOL #pizzaday
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