Ancient Bitcoin Whales Wake up -Moves $100 Million!

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In the Last Few Weeks, a large number of whale wallets started coming out of dormant.

According to data provided by blockchain explorer, an ancient Bitcoin whale address that was created back in 2013 transferred 5,000 BTC (approximately $100 million) to the Kraken exchange.

As per CryptoQuant, this might be hinting at increasing selling pressure, with long-term holders moving to liquidate.