Bitcoin's price recently dipped below $68,000, but this has not deterred whales, as they continue to buy BTC in anticipation of a new all-time high. The overall sentiment in the crypto market is bullish, providing stability. A whale recently transferred 1,446 BTC, worth around $96 million, to Binance. This purchase by the whale is seen as a healthy correction before the next move to higher levels. The presence of whales buying BTC encourages calmness among investors and contributes to stability. Bitcoin is currently trading at $67,281.26 and needs to overcome resistance at $69,000 to reach its next target of $71,000 and potentially establish a new all-time high.
- Content Editor ( u.today )
- 2024-10-22
$96 Million Bitcoin (BTC) Withdrawal Stuns Crypto Exchange Binance