In the closing weeks of 2024, several vintage crypto wallets that had been inactive for years suddenly moved large amounts of tokens, sparking public curiosity. These transactions had a significant impact on the market and not everyone was happy about it. Some notable transactions included a Bitcoin wallet moving 20.55 BTC after 14 years, another wallet releasing 210 BTC after 10 years, and a pre-mine Ethereum address moving 1,940 ETH. These transactions, along with others involving long-time inactive wallets, made headlines and triggered discussions online. These whales, or large holders of cryptocurrency, can have a significant influence on liquidity and value in the market. When whales hold their crypto, it decreases liquidity, but when they sell or move their assets, it can signal to other investors to do the same, causing market fluctuations. Whales are monitored and their transactions are known due to the transparency of the Bitcoin network. While some accuse whales of intentional price manipulation, it is important to distinguish between legitimate transactions and manipulation. Overall, understanding how whales impact the market can help investors react accordingly and avoid potential trouble.



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