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Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Are Sleeping Bitcoin Whales About To Trigger Market Chaos?

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The post Are Sleeping Bitcoin Whales About To Trigger Market Chaos? appeared first on Coinpedia Fintech News

According to a recent post by Ki Young Ju, CEO of CryptoQuant, ancient Bitcoin whales—those who have held large BTC reserves dormant for over seven years—remain inactive. Historically, whenever these “sleeping” Bitcoins move, it often stirs up significant market volatility, with the impact varying based on where and how these coins are transferred. With Bitcoin’s price currently stable, even a small shift in holdings by these whales could spark significant market reactions. Ju’s post raises an intriguing question: if you were a whale with long-held Bitcoin, would you stay on the sidelines, or make a move and influence the market?

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