Post
Topic
Board Bitcoin Discussion
Re: A whale transferred 4,500 bitcoins to Binance; Is the price drop close?
by
slapper
on 27/08/2020, 08:15:51 UTC
4500 is not a big amount though. I bet there are thousands of people who have more than 1000 bitcoin. I guess it will not make any change in the price of bitcoin since right now, I believe that the uptrend is having a good momentum. Maybe this whale wants to make a short profit before a big jump. As you can see, bitcoin has surpassed $11000 which is one of the strongest resistances. People are buying bitcoin as well as gold because they have fate in this digital asset

Many governments and companies are considering to utilize the blockchain in their system. This will make a huge impact on the cryptocurrency world.