Did These 3 Bitcoin Transfers to Start June Halt Crypto's Rebound?
π Blockchain data indicates that 3 massive Bitcoin transactions on June 1st and 2nd correlated with crypto's local top when $BTC's market value was attempting to bounce back above $107K. $44.03B worth of transaction volume was present on the Bitcoin blockchain, indicating a massive amount of polarization. The 3 largest transfers of the month, and among the largest of the year, were:
π³ A 130,010 $BTC transfer worth $14.11B
π³ A 78,647 $BTC transfer worth $9.41B
π³ A 22,531 $BTC transfer worth $2.36B
Bookmark this , and monitor for more of the top transactions for Bitcoin and ETH-based tokens. They will often foreshadow key market moves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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