Breaking: 57,586 Bitcoin (BTC) Worth $3.81 Billion Moved On-Chain, What's Happening？

WikiBit 2024-04-24 22:28

A Bitcoin wallet has moved 57,586 BTC on-chain on Wednesday, as reported by an on-chain expert indic

A Bitcoin wallet has moved 57,586 BTC on-chain on Wednesday, as reported by an on-chain expert indicating a change in behavior of a short-term Bitcoin holder in response to BTC price action. The timing of the move is a concern as it comes before the $9.4 billion in crypto options expiry, with realised volatility suddenly spiking. Is a crypto market selloff ahead？

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