Crypto whale, who temporarily panicked after yesterday’s event and sold a large amount of Bitcoin, could have been in temporary panic.
As is known, yesterday a cryptocurrency whale that had been sleeping since 2011 woke up and moved 80,000 BTC worth about $8 billion.
Crypto whale, who is likely caught up in the FUD wave since yesterday’s incident, has moved 1,550 btc, or about $167 million worth of assets to cryptocurrency exchange vinance.
However, despite the FUD wave, Bitcoin prices have risen 0.11% since yesterday, exceeding $108,000 at the time of writing.
There is also speculation about the identity of the large whale, which has not yet been sold and simply moved his assets to another crypto wallet. Some low-level evidence suggests that the whale could be Roger Ver, a former BTC supporter and founder of another cryptocurrency now known as Bitcoin SV.
Roger Ver is one of BTC’s early supporters, and it is believed that Ver may be preparing to deal with the US tax authorities, the IRS behind this amount of BTC’s move.
*This is not investment advice.