(URGENT!) WORLD'S LARGEST NON-EXCHANGE WHALE SELLS 1.08 BILLION WORTH THIS WEEK! (READ DESCRIPTION)
In this video, I’ll show you how the world's largest non-exchange Bitcoin whale just sold 1.08 Billion worth of BTC (with the largest sells happening this week). He's been a HODLER for quite a while so he might just be offloading on the move up, but if he has been a holder for a while, why sell now and not when the price is higher? Some are also seeing that the sell was a move to a Coinbase wallet and are thinking this could be bullish because most people move their money to exchanges to sell, but do keep in mind, if this whale was holding in USDT or USDC and wanted to cash out to USD, he's going to most likely need to do this on an exchange that can withdraw in USD. Since we have proof he (was) holding BTC and it's now (sold), my thoughts are that he would have held the BTC longer if he thought the market was going to move up vs selling his current BTC holding. To expound a little further, there are rumors (could be true) that he transferred to another wallet...but why transfer to another wallet on Coinbase? Coinbase is the US's largest exchange and he could be trying to liquidate back to cash but couldn't do that until he sold/transferred his money back to a place he felt safe to sell back to USD. Do keep in mind, that Coinbase is also a verified exchange through "Chase and Wells Fargo" that can receive USD withdrawals and deposits. I think we're all trying to figure this out right now. Regardless, I am continuing to scale out of my trades since we are hitting some very strong resistance levels right now that I'll go cover in today's video. Article Link: https://finbold.com/worlds-largest-no... --GRAB THE GOOD STUFF!-- 🎉 Grab The Indicators I’m Using (82% off) at: https://www.tradeconfident.io/indicat... ✅ Access Our Trade Calls, Metrics, MasterClasses, Telegram, and More: https://www.tradeconfident.io/pricing ▶️ Scalping Tutorial Video: https://www.tradeconfident.io/getstar... --Join Our Family Today-- My team and I try to respond to comments every weekday, but if I don't get to you, shoot us an email at [email protected] and we’ll respond ASAP =) Disclaimer: This video IS NOT financial advice. I am not a financial advisor. These are my personal opinions. For entertainment purposes only. Don't take a single trade talked about, displayed, or referenced to on this YouTube channel because you could lose everything. If you do happen to use the information on this video to place a trade, you do so fully at your own risk. Consult your own licensed financial advisor before placing any trades. Trading crypto is extremely risky. Always do your own research and consult a financial advisor before investing. Video Topics: #Bitcoinnews #Bitcoin #BitcoinAnalysis #Btc #Btcnews #Bitcoinpriceprediction #Bitcoincrash #crypto #Bitcoinmetrics #cryptocurrency
