Crypto Market Quake: Whale Decides on Financial Suicide?
A major investor has taken a shocking step by transferring 2,000 bitcoins to the Binance platform after purchasing them three months ago at a very high price. Notably, the value of these assets has significantly dropped, putting him on the brink of a realized loss estimated at around $40 million if he decides to sell at this time.
Is this whale fleeing from an even greater catastrophe, or is he planning an unexpected maneuver?
Personally, I believe this action carries substantial risks and could create selling pressure that affects market stability in the coming hours.
