Early Bitcoin Holders Transfer Large Funds to Exchange, Middle East Tensions and Federal Reserve Policy Pressure Market

BTC0,45%

Gate News reports that on March 20, early Bitcoin holders (“ancient whales”) transferred large amounts of funds to exchanges. The recent escalation of tensions in the Middle East has triggered shocks in the energy market, combined with the Federal Reserve’s tightening policies, putting pressure on the cryptocurrency market. The specific transfer amounts have not been disclosed, but market monitoring shows the fund flows reach several million dollars.

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