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Is there an earthquake in the crypto market? A whale decides on financial suicide?
One of the top investors took a shocking step by transferring 2,000 Bitcoin to the Binance platform after purchasing them three months ago at a very high price. Notably, the value of these coins has dropped significantly, which puts him at a realized loss of about forty million dollars if he decides to sell at this time.
Is this whale fleeing from a bigger disaster, or is he planning an unexpected maneuver?
My personal prediction is that this move is not without great risk and may cause selling pressure that could affect market stability in the coming hours.
$BTC
#elaouzi #CryptoMarketPullback
#GateSquareCreatorNewYearIncentives