The "old Whale" who has been silent for 14 years and holds nearly 4000 Bitcoins recently transferred 30 coins to the exchange, which is indeed a bit concerning. However, to be honest, there is no need to panic too much about this.
For ordinary investors, instead of fixating on this single event, it's better to look at the overall trend: long-term holders still make up the majority, and institutions are continuously entering the market, which is actually quite stable. If you're really worried, pay more attention to his subsequent on-chain movements, and just don't let short-term emotions mislea
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