The whale action reappears in the market!
According to the latest monitoring, a mysterious whale has once again deposited 1,023 bitcoins to Bi'an, worth about $62.2 million. In the past 24 hours, the whale has deposited a total of 1,723 bitcoins to Bi'an, with a total value of more than $106 million.
In the past 24 hours, the price of bitcoin has fallen by about 3%. Such a large amount of bitcoin deposits often indicates that the market will usher in a wave of turbulence. The movements of whales are often regarded as market vanes, and their behavior may affect the price fluctuations in the market in the short term.
Summary:
Such a large amount of bitcoin entering the exchange may intensify the selling pressure in the market and trigger greater price fluctuations.
Every move of the whale may have a profound impact on the market. This large amount of money deposited into Bi'an has undoubtedly attracted great attention from the market
