Markets· ★★· bearish·

Bitcoin whale sells after 13-year hold, nets about 700 million baht

  • —Whale held the bitcoin for 13 years before selling nearly 700 million baht worth
  • —Data came from Ash Crypto; the reason for the sale was not disclosed
  • —The amount of coins actually hitting the market is unconfirmed
Why it matters: Sales by long-term holders add supply, but a single transaction does not set the trend — the volume and other whales' behavior matter.
Source: Siam Blockchain