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.

https://news.bitcoin.com/storing-a-lot-of-bitcoins-in-one-wallet-is-a-bad-idea/

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