{"id":154323,"date":"2025-03-30T16:30:51","date_gmt":"2025-03-30T13:30:51","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154323"},"modified":"2025-03-30T16:01:09","modified_gmt":"2025-03-30T13:01:09","slug":"large-bitcoin-transfer-fuels-concerns-amid-declining-market-sentiment","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/large-bitcoin-transfer-fuels-concerns-amid-declining-market-sentiment\/","title":{"rendered":"Large Bitcoin Transfer Fuels Concerns Amid Declining Market Sentiment"},"content":{"rendered":"

This transaction follows a week of fluctuating Bitcoin prices<\/a><\/strong>, which struggled to surpass the $89,000 mark before succumbing to significant selling pressure, driven in part by the US President\u2019s aggressive tariff policies.<\/p>\n

According to Maartunn\u2019s post<\/a> <\/strong>on X, the \u201cSpent Output Age Bands\u201d metric, which tracks how long Bitcoin remains inactive before being transferred, revealed that these 8,000 BTC\u2014valued at $674 million\u2014were moved recently in a single transaction. This event adds to a series of similar occurrences, including the March 24 movement of 100 BTC from a wallet inactive for 14 years, and the transfer of nearly 250 BTC in early March from other old wallets.<\/p>\n

While the recent Bitcoin movement has raised concerns about potential selling pressure that could lead to price corrections, it is important to note that such transactions can also occur for reasons unrelated to market sentiment. Institutional investors or large holders might be reorganizing their cold storage or transferring assets between internal wallets. Since the identity of the recipients of the 8,000 BTC remains unclear, the risk of a bearish reaction from holders is currently uncertain.<\/p>\n