Hi all BMF members
I just read this article that showed that according to Bitcoin Block Bot, there is a BTC whale that has just move over 104 million dollars in bitcoin. The question that I have for all of the members here is what do you make of that whale activity? Do you think that this move is in anticipation of a price drop?
Personally, I feel that whale transactions like this generally result in a decline in BTC value, however, i have also noticed that this has not always been the case. What do you think?
I look forward to all the comments in this thread.
I just read this article that showed that according to Bitcoin Block Bot, there is a BTC whale that has just move over 104 million dollars in bitcoin. The question that I have for all of the members here is what do you make of that whale activity? Do you think that this move is in anticipation of a price drop?
Personally, I feel that whale transactions like this generally result in a decline in BTC value, however, i have also noticed that this has not always been the case. What do you think?
I look forward to all the comments in this thread.