Despite Bitcoin plummeting in value, it seems that whales havent lost their appetite. One major BTC whale just withdrew 12,000 BTC ($89M) to an external wallet.
If there would be another scenario, what would it be? Can you share it here guys? Thanks in advance!
I think what will happen is that, the withdrawal could cause a further deep in the price because that is a Hugh amount and order hodler, both small and huge will panick and sell to have their money back. This will drop price further most likely.