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.
and greater movement
44000 BTC ($294M) are we going to 3000 again?
lol nothing that will happen again about that low,$300 is the lowest we've got from the Hype of 2017 and looking the market movement there are no indication of happening again that huge fall.yeah we are dipping but not enough to have a Bear movement again.
and there are only few in speculation that talks about that low aside from those FUDders that w already knew the intentions.
idk maybe it's FUD, but I see some predictions saying it could happen again, if bitcoin fails to bullish 7500, I don't know if I should be happy or worried if bitcoin goes down, on the other hand, of course many people expect prices to fall to get low prices, but I'm also afraid that bitcoin keep going down futher.
It looks like it's not just about FUD. Such large BTC transfers made by whales, with current price drops, do not mean anything good. As we can see, no one sells, so this should be a good sign for all of us, but the charts show that investors and traders are worried a lot.