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A “whale” address dormant for over 4 years transferred 4500 coins BTC。
A whale address dormant for over 4 years transferred 4500 coins BTC
PANews September 28 According to news monitored by Lookonchain, a “whale” address transferred 4 after being dormant for over 4,500 coins of BTC(valued at 378790000 USD）。
Source: https://www.panewslab.com/zh/articles/01a0e58f-f3a8-750c-a948-d5fd7e94232c
PANews September 28 The news said that a “whale” address transferred 4 after being dormant for over 4500 coins BTC。
This BTC is valued at 378790000 USD。
PANews said the information came from Lookonchain monitoring.
The following is analysis, separate from reported facts. Verify important claims independently.
“Whale” generally refers to an address holding a large amount of cryptocurrency. The publicly available information only indicates that an otherwise long-dormant address made a transfer; it does not state the receiving address or the use of the funds.
4500 coins BTC constitute a large transfer and may draw market attention to the movement of funds; however, the transfer information alone cannot establish whether the coins were sold.
This is on-chain transfer information and does not mean that BTC has already been sold. More address and destination information is needed.
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An individual, institution, or organization that holds a large amount of a particular cryptocurrency and may significantly influence market prices through large-volume buying or selling.
View glossary →The abbreviation commonly used for Bitcoin when referring to it as a digital currency.
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View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
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