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The Bitcoin whale that hadn't moved in 12 years has awakened. Yesterday, on-chain data showed that approximately $84 million worth of assets were moved.
This scale of transaction is not negligible in the market. The movements of coin whales are always noteworthy, especially when a wallet that has been dormant for so long resumes activity, which could be a signal.
Looking at recent Bitcoin price movements, it seems to be an interesting timing. We will have to watch how these large-scale movements by coin whales will impact the market in the future.