Large-scale Bitcoin whales transactions signal a bottom.
Following Russia’s invasion of Ukraine on Thursday, Bitcoin (BTC) fell below the $35,000 mark.
Since then, however, the cryptocurrency has risen significantly, and it is presently trading around the $39,000 mark.
As Bitcoin prices bottomed out at 34.7k with Thursday’s war news, whales have made some MASSIVE transactions.
This has been the largest amount of both 100k+ and 1m+
BTC transactions since Jan. 24th, when prices jumped +15% the week following.
Since then, however, the cryptocurrency has risen significantly, and it is presently trading around the $39,000 mark.
As Bitcoin prices bottomed out at 34.7k with Thursday’s war news, whales have made some MASSIVE transactions.
This has been the largest amount of both 100k+ and 1m+
BTC transactions since Jan. 24th, when prices jumped +15% the week following.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.