Bitcoin Whale transfers 94,000 BTC to a Houbi Account (Exchange). Bitcoin scene reacts scared

in #cryptocurrency7 years ago (edited)

Recently, 94,000 bitcoins from one of the richest bitcoin addresses were moved to an account by the Exchange Houbi. Now, the Bitcoin community is afraid of a sell-off, which could lead to a massive price decline.

A similar situation occurred in March, when large volumes of Mt. Gray's bitcoins were sold at low prices.

However, there are currently over 85,000 bitcoins on the address from which the 94,000 BTC were shipped. So the owner (s) might not be interested in pushing the course too far.

Feel free to comment.

Whale Bitcoin Address: 1KAt6STtisWMMVo5XGdos9P7DBNNsFfjx7
List of the richest Bitcoin addresses: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
source: https://dailyhodl.com/2018/06/08/huge-bitcoin-whale-with-94000-btc-transfers-crypto-onto-an-exchange-rattling-nerves/

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I hope there is a sell off so i can get cheap BTC

Me 2.

panicky buy is better ;)

Looks like the first panic sales are going on

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