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Hello everyone! The market is down but there is no need to panic.
📉 Two main reasons for the market crash: Middle East tensions and Bitcoin halving.
Historically, $BTC falls before halving and then pumping. But if you're in a spot trade, hold tight, and don't sell. Also if you want to invest, this is a good time.
Remember: Patience is key in spot trading. Stay strong! 💪
📣 Bitcoin Whale Awakened After 10 Years: Remarkable Transfer
A Bitcoin whale has stirred after a decade's hiatus, making waves with substantial transfers. Bitcoin's recent drop to $64,500 and a broader market correction, this awareness is gaining traction.
As BTC prepares for its upcoming halving on April 20, investors are eyeing the possibility of a second bull run. Amidst this anticipation, on-chain data shows Whale's first transaction in 10 years: transferring 246 BTC ($16.73 million) of their massive 1,701 BTC ($115.42 million) stash.
Wheel's initial purchase in 2013, fetching 4,272 BTC for $125,541, adds to the intrigue. With only 15 days until the halving, speculation about Whale's strategies abounds.