Bitcoin's Same Whale Address Sent BTC To Exchanges, Contributing To Corrections
Santiment noted on Twitter that there was an 11x exchange inflow spike that initiated Bitcoin's price correction from its $58.3k, an all-time high. Further data combing revealed that an address was responsible for the…
Santiment noted on Twitter that there was an 11x exchange inflow spike that initiated Bitcoin's price correction from its $58.3k, an all-time high. Further data combing revealed that an address was responsible for the 2nd largest $BTC transaction of the year, an import of 2,700 tokens to the wallet before a quick sell-off. This same address also made a 2,000 $BTC import last March right as the Black Thursday correction took place. In total, it's made 73 transactions in its one-year existence, for a total of 91,935 $BTC imported, with all tokens moving away within minutes after arrival.