Markets· ★★★· bearish·

2,500 BTC worth $209M moved to Bitfinex from unknown wallet

  • —2,500 BTC worth over $209 million transferred to Bitfinex
  • —Follows 3,000 BTC on September 28 and 2,000 BTC on September 29
  • —Sender's intentions unknown: potential sale or long-term holding
  • —Market weighs impact on short-term Bitcoin price trajectory
Why it matters: Large exchange deposits often precede selling and could add short-term pressure on BTC price.
#BTC
Source: Crypto Briefing
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