The Whales Are On The Move!

Cointral Marketing Manager
The Whales Are On The Move!

Bitcoin, the most valuable cryptocurrency. After two weeks of activity and descent to $ 8,000, it has shown a decrease in volatility in recent days. While all this was happening, the whales moved again.

An unidentified Bitcoin whale has carried out a $ 107 million transfer from a wallet to a different wallet at exactly the unit price at which 13,180 pieces of Bitcoin were traded. In addition to this transfer, an estimated 5 units of trading variability between 1,000 and 650 Bitcoins followed. In this way, a significant bitcoin transfer was carried out to the exchanges.

8,300 Dollars much Important for Bitcoin

Bitcoin, which picked up momentum with a slight shake after falling to 7,900 levels a while ago, has been unable to hold on here, although it has risen from $ 7,900 to $ 8,300.

World-renowned analyst Josh Rager, in his new report, added that an optimistic short-term move is not expected until over $ 8,300. On October 10, 2019, Bitcoin rose to $ 8,459, though Rager’s report was concerned about the $ 8,300 level.

Investment information, comments and recommendations contained herein are not included in the scope of investment advisory. Therefore, making an investment decision based solely on the information and comments contained herein may not produce results that are in line with your expectations.