Bitcoin Whales Stir the Waters—170K BTC Transfer Hints at Big Price Action

CoinMarketCap
20 Apr
Bitcoin’s price has continued to trade above $84,000, but the fundamentals point towards an increase in volatility soon. According to data from CryptoQuant, short-term holders started to offload BTC onchain; meanwhile, exchange reserves are still declining. These combined actions point to market consolidation. CryptoQuant analysts identified that 170K BTC have been transferred by those who

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