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walletmovementinsights
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📌 A Satoshi-era miner moves $203 million in BTC👀👇
An ancient Bitcoin wallet transferred 2,650 BTC to OTC desks at FalconX and Cumberland, sparking speculation about a potential institutional sell-off.
Still, the wallet retains another 6,000 BTC. This move comes at a tricky time for miners, as BTC's price remains below several production cost estimates. This ramps up pressure on many mining firms and could lead to more market sell-offs.
#JessRonGar #bitcoin #WalletMovementInsights
$BTC
An ancient Bitcoin wallet transferred 2,650 BTC to OTC desks at FalconX and Cumberland, sparking speculation about a potential institutional sell-off.
Still, the wallet retains another 6,000 BTC. This move comes at a tricky time for miners, as BTC's price remains below several production cost estimates. This ramps up pressure on many mining firms and could lead to more market sell-offs.
#JessRonGar #bitcoin #WalletMovementInsights
$BTC
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