Crypto Community is the bitcoin whale revenue worth $ 250 million of hibernation, is it a good sign?

A Bitcoin BTC/USD A $ 250 million portfolio returned to life after an eight -year stop, which led to a wave of speculation among the encrypted currency lovers.

What happenedBitcoin portfolio, which was initially worth about $ 3 million in 2017, became active recently after eight years of stillness. The portfolio now maintains an amazing amount of $ 250 million.

These events usually start a storm of speculation within the cryptocurrency community. Some members have suggested that the owner of the wallet had rediscovered their own keys, which leads to sudden activity.

Previously, the Bitcoin whale has become a sleeping bitcoin with $ 29.3 million active after several years of lack of activity. In 2024, many whales in the Satoshi era suddenly resumed activity, including a wallet containing 2000 bitcoin that was extracted in 2010 and which was transferred for the first time in 14 years.

Also read: Bitcoin whale occupies $ 332 million, where the place where the place is filtered

Earlier on Sunday, $ 252 million was transferred to an unknown wallet, according to whale alert data. At the time of writing this report, Bitcoin was trading at $ 84,334.

Why do it matterThe sudden recovery of bitcoin whales can significantly affect the encrypted currency market. The movement of large quantities of bitcoin can create waves in the market, which leads to price volatility.

This can indicate the pressure pressure, which may affect the price of bitcoin. The return of the appearance of these whales, along with the last transfer of $ 252 million to an unknown wallet, emphasizes the unexpected nature of the cryptocurrency market.

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