It used to be the third richest wallet in BTC...
...but yesterday he hit the "TAKE PROFITS" button and, in just 10 operations, this whale has moved a total of 61,000 BTC and became the seventh richest whale instead.
I am not disappointed with it, in fact I have learned a lot from watching this single entity surf the waves of the market, accumulating and selling when it comes.
I also don't know if these BTC have already reached an exchange for sure... but, let's say that it is quite likely that this has been the case.
Impact?
I think we've had some good days lately but 61,000 BTC in theory for sale can stop the rally to $24,000 and get us back to $19,000 again in a matter of hours if not minutes.
If you are a scalper or day-trader like me, my advice is to be more cautious than ever with LONGS these days to come.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible for any of your profit/losses obtained as a result of this information.
