Old and HODLed Bitcoin is on the move with whales active
Summary
The U.S. launch of the spot Bitcoin ETF has led to significant activity from long-term holders and whales in the crypto market. Despite Bitcoin's price dropping from $46,608 to $41,769 following the ETF's debut, there has been a notable increase in transfer volume from dormant Bitcoin. This shift from steadfast Bitcoin backers could have significant implications for the market's future.
