BTC whale moves 19,630 BTC valued at $185,000,000
BTC whales have shown historically that they often determine BTC trend.
BTC whales have shown historically that they often determine BTC trend.
A BTC whale is an individual or business entity owning around 1000 BTC or more.
From a macro level, this increase in the number of BTC whales can be considered bullish.
As BTC whales accumulate BTCs, Bitcoins circulating supply reduces, and this can weaken any bearish trend.
The last time such development was witnessed was few weeks before 2017 huge bull run.
Investors or traders who own a large number of Bitcoins are typically called Bitcoin whales.
Bitcoin Whales are generally BTC market players with high amounts of BTCs in the Bitcoin market.
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