The cause of last night's crash has been found? Again, it's a whale accumulating Bitcoin from 5 years ago 🔥
8 hours ago, this wallet transferred 5152 BTC worth 444 MILLION DOLLARS to Binance, although it hasn't been confirmed, this is usually seen as a liquidation.
Tracing back the source of the funds, this wallet received 5152 BTC from a whale wallet that previously made waves when it accumulated 25k BTC 5 years ago. 4 months ago, this wallet was also related to a whale wallet with 5 BILLION DOLLARS that heavily accumulated $ETH.
These ancient wallets have been very active lately, mostly transferring to exchanges 😅
