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Bitcoin OG whale awakens after 7 years, moves $188M BTC: Is a sell-off coming?

Covered by 2 sources · 2 articles

2 outlets - including Crypto-economy and Ambcrypto - are covering this story. TL;DR: The United States government made a transfer of 8.8 million dollars in BTC to the institutional platform Coinbase Prime on Monday night. The receiving Coinbase Prime address had recorded previous movements of funds seized from the fo…

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US Government Moves $8.8M in Bitcoin to Coinbase—Is a Massive BTC Sell-Off Coming?
Crypto Economy Jul 13, 23:06 UTC

US Government Moves $8.8M in Bitcoin to Coinbase—Is a Massive BTC Sell-Off Coming?

TL;DR: The United States government made a transfer of 8.8 million dollars in BTC to the institutional platform Coinbase Prime on Monday night. The receiving Coinbase Prime address had recorded previous movements of funds seized from the fo…

AMBCrypto Bitcoin Jul 13, 16:00 UTC

Bitcoin OG whale awakens after 7 years, moves $188M BTC: Is a sell-off coming?

With almost 10X gains at current price levels, what does this whale move indicate?