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Bitcoin Whale Moves 1,000 BTC to Coinbase After 6-Year Dormancy, Adding Selling Pressure

Bitcoin Whale Moves 1,000 BTC to Coinbase After 6-Year Dormancy, Adding Selling Pressure


CoinOtag
2024-06-29 00:59:14

Recently, a long-inactive Bitcoin whale has emerged, transferring 1,000 BTC to the cryptocurrency exchange Coinbase. This movement adds significant selling pressure on Bitcoin, a trend observed in several dormant Bitcoin wallets recently becoming active. According to data, this whale acquired the Bitcoins about six years ago for roughly $6.68 million. After years of dormancy, a


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