Prescient Bitcoin Whale Moves $244M in BTC to Crypto Exchange. Has BTC Price Topped?

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Prescient Bitcoin Whale Moves $244M in BTC to Crypto Exchange. Has BTC Price Topped?
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Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.

investor sent 7,000 bitcoin – worth roughly $244 million – to crypto exchange Bitfinex late Thursday, potentially to realize profits from earlier purchases.

The moves of this whale are of particular note as whoever controls the wallet appears to have a good sense of timing.shows the holder accumulated 46,500 bitcoin between November 2022 and January 2023 at prices under $20,000 per token versus the current price just under $35,000.a total of 36,500 tokens onto Bitfinex in late March and early April at what was then roughly around the high for the year near $30,000.

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