Whale Moves $59M in Bitcoin! Is a Major Price Surge Coming?

Whale Moves $59M in Bitcoin! Is a Major Price Surge Coming?

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The post Whale Moves $59M in Bitcoin! Is a Major Price Surge Coming? appeared first on Coinpedia Fintech News

Recently, Bitcoin’s price fell by 16.54% over five weeks. However, a whale just took out 1,000 BTC from Binance. In the last three months, this investor bought 4,860 BTC when the average price was $60,670. Now, Bitcoin seems to be recovering and might soon resurface above $60,000. With this whale’s huge transfer a bull run in Bitcoin is possible. That’s because such actions are often seen before major moves in the market, suggesting a rise in Bitcoin’s price.

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