I'm seeing some interesting activity in Bitcoin today. An old whale who has been holding since 2013 sold $442M BTC. It seems to be part of the sell-off after the FOMC. But what’s noteworthy is what’s happening on the chain. In the past hour, withdrawals have far exceeded deposits. That means large, old money is leaving, and new buyers are also coming in. This activity in BTC today indicates that some changes are happening in the market. It will be interesting to see which direction it takes.

BTC-1.68%
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