Bitcoin worth $850 million sold off quickly, as whales also made hefty transactions

From Investing.com.

September 10, 2024 1:00 pm:

Cryptocurrency trader Ali Martinez shared a chart revealing a massive sell-off of 14,816 BTC worth nearly $850 million as Bitcoin surged by 5.25% to $57,520. Whales also made hefty transactions totaling $258,134,540 and $181,243,985. A dormant wallet with 19 BTC, now worth over $1 million, was reactivated after 11 years. Another wallet from 2012 saw a 500,772% value increase.

Read more at Investing.com: $850 Million in Bitcoin Sees Quick Sell-Off – What’s Going On? By U.Today