Whale wallet on the move

Some whale wallet observers have noted that a wallet containing 110k BTC and 110k BCH has started to transfer funds out to other wallets after laying dormant for a period of time.

The movement has attracted a lot of attention as people are now speculating whether the coins would be sold off soon. This may raise some worry as such a huge selling pressure can only lead to the price being forced downwards.


Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: