A Bitcoin whale, one of the largest holders of BTC, recently moved 2019 Bitcoin, worth $141.5 million, to its cold wallet. This comes after a series of significant sell-offs by the whale following a decline in Bitcoin's price. Since October 1, the whale has sold a total of 5,506 BTC, equivalent to around $366.9 million, and currently holds 4,980 BTC, worth approximately $345.5 million. Lookonchain data suggests that the whale engages in panic selling whenever there is a dip in the price. This has attracted attention from the Bitcoin community as these big investors can have a significant impact on the market. The Bitcoin market, however, remains healthy with a high trading volume. The short-term direction of the cryptocurrency is unpredictable due to the influence of whales' actions.



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