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Major Crypto Holders Liquidate Positions Amid Rising Market
The giants have begun withdrawing Bitcoin and Ethereum from their wallets. A major Bitcoin holder transferred approximately 10,600 BTC worth over $1.26 billion after several years of inactivity, with the transaction involving three addresses, some unused for 3–5 years. A week prior, large lockups were fully released, funds moved to new wallets, and remained stationary since. Similarly, in Ethereum, around 519,000 ETH worth over $1.9 billion, the highest since January 2024, are queued for unstaking. Numerous substantial coins are moving to exchanges, driven by market growth following new highs. This activity signals a significant trend—large players are realizing profits amidst rising prices and preparing for potential corrections.
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AI Analysis
The recent movement of large volumes of Bitcoin and Ethereum by major holders is a clear indication of market participants taking profits amid the recent upward momentum. The transfer of over 10,600 B...
AI Recommendation
Given these large withdrawals and the potential for a market correction, it would be prudent to adopt a cautious stance. Investors holding significant crypto positions should consider taking partial p...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.