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BTC Whales Making Waves: Is a Pump or Dump on the Horizon?

Published 11/21/2023, 06:18 PM
Updated 11/21/2023, 06:45 PM
© Reuters BTC Whales Making Waves: Is a Pump or Dump on the Horizon?
BTC/USD
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  • Multiple whales transferred BTC worth millions to exchanges over the past few hours.
  • It is still uncertain whether these whales will look to pump or dump the BTC price.
  • At press time, BTC was trading at $37,394.64 after a slight 0.58% price rise.

Data from the whale tracking platform Whale Alert indicated that multiple whales moved Bitcoin (BTC) to exchanges over the past few hours. Almost first thing this morning, a whale transferred 2,707 BTC tokens worth $101,620,813 from an unknown wallet to the Coinbase (NASDAQ:COIN) exchange.

Just a few hours later, another whale transferred 2,712 BTC tokens from an unknown wallet to Coinbase. In this case, the transferred BTC was worth approximately $101,661,213.

An hour later, yet another undisclosed wallet sent 650 BTC tokens, equivalent to $24,294,303, to the Binance platform. Now, traders are stuck in a waiting game to see …

The post BTC Whales Making Waves: Is a Pump or Dump on the Horizon? appeared first on Coin Edition.

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