Post
Topic
Board Bitcoin Discussion
Re: BTC Whale Transfers 3,000 Bitcoin After 5 Years Dormant
by
Cryptoprincess101
on 16/08/2025, 16:46:51 UTC
The transfer was to a modern SegWit-style wallet, indicating security and consolidation motives. No significant impact on Bitcoin’s market price has been observed.
It was transferred to another wallet, not a bought coin so how do you expect it to have an impact in the market? Most people misunderstood moving bitcoins from one wallet address to another and buying bitcoins. When a coin is moved to another new address, it won't have impact in the market because it's still same coins but if it was to be a bought coin, definitely it will have little impact in the market because 3000 bitcoins is huge.