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🐋 Whale $BTC has pushed the price to $117K.
The whale with 80 thousand BTC has already transferred a total of 16,843 BTC (~$2 billion) to Galaxy Digital. From this address, bitcoins are gradually sent to exchanges and prepared for sale. Against this background, BTC immediatel began to fall sharply, although there is no reason to panic. Over-the-counter exchanges buy back such volumes in a month and can easily cope with this supply. This sale did not affect the price, but it still caused panic.
After today, the whale continued to put pressure on the market and has already transferred half of its bitcoins, namely 40,009 BTC (~$4.68 billion), to Galaxy Digital. Galaxy Digital has already sent 6 thousand BTC to Bybit and Binance exchanges.