#Bitcoin While it was pushing 31 thousand dollars, it is currently in a downward trend and is hovering just above 30 thousand dollars. Following the latest developments in the cryptocurrency industry in June, individual investors are completely confused. As it is known, the trends of whales also give clear signals about the future price. Today, at 03.43 CET (June 26), it was noteworthy that wallets that had been dormant for a long time became active after years.
After 13 years of inactivity, a total of $3 million worth of BTC was transferred from wallets. These BTCs in two wallets, each containing 50 BTC and dating back to 2010, were transferred to different wallets.
What's behind the transactions?
The motivations behind these transfers remain unclear. Possible reasons are transfer of BTCs to exchanges for sale or change of wallet.
A Blockchain analyst and developer, Dr. In his evaluation to Decrypt on the subject, Kirill Kretov said that these BTCs issued in 2010 probably belonged to computer experts who were trying the technology at that time. “There is a unique spirit of crypto anarchy and technology pioneering behind such legacy addresses.” Kretov also mentioned a remarkable theory. Kretov stated that there is a theory that ancient whale wallets moved BTC to send signals to each other when it was time for Bitcoin to rise in price:
“There are researchers who take notes on price charts regarding these wallet movements and try to predict the future price. Thank God I am not one of them.”
