Recently, the cryptocurrency market has once again attracted attention. A mysterious whale address transferred US$282 million USDT to the exchange today, which is part of the total of 2.2 billion USDT since October. Historical data shows that whenever this address is active, the Bitcoin price rises significantly in the following days.
But yesterday, Bitcoin experienced its worst plunge in months, plummeting from US$45,000 to US$40,750, and the entire network liquidated more than US$600 million. Despite this, the mysterious whale took action again today, and it seems that the market has new vitality. Analysts say this address may be a potential engine for this bull market.
The operation of this address is speculated to be a traditional institution in North America. Its movements not only affect the cryptocurrency market, but also trigger extensive discussions on future market trends.
As the approval date for the Bitcoin spot ETF approaches, the market is paying close attention to every move of this mysterious whale.
Bitcoin suffered its worst plunge in several months on the evening of yesterday (3rd), plummeting from over $45,000 to $40,750. The maximum drop was close to 10%, causing the entire network to liquidate more than $600 million. By the time of writing, BTC had fallen back to $43,088, with the 24-hour decline narrowing to 4.5%. What is the reason for this plunge? Is it because someone discovered a vulnerability in Bitcoin, or because someone discovered the founder of Bitcoin, or because someone discovered the truth about Bitcoin? We don’t know, but what we can be sure of is that this must be a super black swan event, because it scared all Bitcoin investors half to death.
Mavericks Engine transferred 282 million USDT to CEX. Yesterday’s sharp sell-off caused Bitcoin to fall to its lowest point since mid-December. However, it is worth noting that a mysterious whale address made another move early this morning (4th), and the chain The online analysis account Xiaohe (@RiverBTC2009) tweeted that the mysterious address (0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5), which he called "Maverick Engine",
On January 2, 60 million USDT were obtained from Tether, and another 222 million USDT were obtained the next day and remitted to the exchange. The actions of this mysterious address make people wonder whether he is making some big move, whether he is going to trigger a Bitcoin surge, a Bitcoin crash, or a Bitcoin crash. the big bang
? We don’t know, but we are sure that this must be a super bold plan, because it has all Bitcoin traders nervous and holding their breath.
This address has transferred the 282 million USDT to exchanges such as Coinbase, Kraken, and Bitgo. These exchanges are well-known compliance agencies, and their security and credibility are guaranteed. Why did the owner of this mysterious address choose these exchanges? Is it because he wants to protect his assets, is it because he wants to hide his identity, or is it because he wants to leverage the influence of these exchanges?
We don’t know, but what we do know for sure is that this must be a super smart choice because it has all the Bitcoin watchers scratching their heads.
So far, this mysterious address has transferred a total of 2.2 billion USDT to CEX. After the mysterious whale transfers USDT to the exchange, BTC usually experiences a surge. What kind of rule is this? Is it because the owner of this mysterious address has the ability to predict the future, or is it because the owner of this mysterious address has the ability to manipulate the market, or is it because the owner of this mysterious address has the ability to guide the wind?
We don’t know, but we are certain that this must be a super mysterious phenomenon because it makes all Bitcoin analysts feel powerless.
In comparison, the mysterious address can basically be determined to be one of the leaders of the spot market in this round of market. Every time the exchange is active, the market price rises, and when it is dormant, the price fluctuates/falls. What does the owner of this mysterious address want to do? Do you want to make more profits, test the market's reaction, or play with the market's emotions? We don’t know yet, but what we do know for sure is that it must be a super fun game to play as it has all the Bitcoin players following his ups and downs.
