neutral
Recently
Bitcoin whale movements surge with $163 million in transfers to major exchanges
No Image
Whale transfers totaling $163 million hit Bitcoin exchanges, hinting at profit-taking while broader crypto sentiment holds firm above $118,000.
Blockchain analytics revealed heightened Bitcoin whale activity, with over $163 million transferred to leading exchanges within the last 24 hours. Market observers said the transactions could signal profit-taking amid volatile macro sentiment and near-term regulatory developments. On-chain data showed clustered wallet movements from long-term holders to spot platforms. Analysts cautioned that large inflows historically precede short-term price corrections. Despite the transfers, Bitcoin remains resilient above $118,000, supported by institutional inflows and continued ETF-related accumulation through US-listed investment products.