Bitcoin Whale Transfers $1.3B to Exchanges Amid Price Drop Below $86K

Arkham Intelligence reports a long-term Bitcoin holder moved 11,000 BTC to exchanges as the cryptocurrency’s price fell under $86,000 during a market downturn.

BTC

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Terms & Concepts
  • Bitcoin whale: An individual or entity holding a large amount of Bitcoin, capable of impacting market prices through significant trades.
  • Arkham Intelligence: A blockchain analytics platform that tracks cryptocurrency transactions and movements of major holders.