A Bitcoin whale has unexpectedly moved 3,000 BTC worth over $80 million after holding onto the coins since 2017. The entity had previously sold 200 BTC in September 2017 but had remained inactive until recently when it transferred its BTC to two new addresses. The whale’s address was once valued at over $200 million, but the recent move brought its balance close to zero. The reasons behind the transfer are unknown. The article also mentions a metric indicating investors’ willingness to take on more risk by transferring BTC from spot to derivative exchanges. The source of the news is The Daily Hodl.
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