CandleFocus

Whopping $1.7 Billion In Bitcoin in 72 Hours – What’s Going On?

Cryptocurrency analyst Ali Martinez has reported that BTC miners have sold over 30,000 Bitcoin, worth $1.71 billion, in the past 72 hours. This follows a trend of large amounts of Bitcoin being sold by major holders. Despite this, Bitcoin experienced a price increase of 8% between Sunday and Tuesday before dropping to $55,700. BTC has since risen 2.3% to reach the $57,000 price level. In addition to miners selling Bitcoin, anonymous whales have been buying large amounts from Kraken exchange. Whale Alert crypto tracker also revealed the awakening of two dormant wallets containing millions of BTC, with one experiencing a 6,867.51% increase in profit.

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