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BTC Whales Are Gearing Up for the Incoming Interest Rate Decision

Published 22/07/2023, 09:25
© Reuters.  BTC Whales Are Gearing Up for the Incoming Interest Rate Decision
COIN
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A/BTC
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  • Lookonchain tweeted that a BTC whale address that had been dormant for 11 years was activated.
  • The post revealed that the whale had transferred 1,037.42 BTC to a new address.
  • Meanwhile, Whale Alert shared that another whale transferred 1,890 BTC to Coinbase (NASDAQ:COIN) over the past 12 hours.

Lookonchain, the blockchain tracking platform, revealed in a tweet earlier today that a Bitcoin (BTC) whale address that had been dormant for 11 years was activated over the past 24 hours. According to the post, the address transferred its entire balance of 1,037.42 BTC, worth $37.8 million, to a new address.

The tweet added that the whale had received 1,037.42 BTC on 11 April 2021. At the time of this transfer, the price of BTC was $4.92 – valuing the transfer at $5,107.

This was not the only BTC whale transaction that was executed throughout the past day. According to a tw…

The post BTC Whales Are Gearing Up for the Incoming Interest Rate Decision appeared first on Coin Edition.

The post BTC Whales Are Gearing Up for the Incoming Interest Rate Decision appeared first on Coin Edition.

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