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Surprise Bitcoin (BTC) Big Whale Transactions Early In 2023; What They Mean?

source-logo  coingape.com 06 January 2023 14:28, UTC

Bitcoin (BTC) News: Contrary to the Bitcoin (BTC) price curve in the last few weeks, big whales are quite active in moving the assets. The price volatility in BTC died down since the second half of December 2022, after so many unexpected events surrounding the FTX collapse. While the Terra collapse played a major role in defining the 2022 bear market, FTX bankruptcy had only worsened the weakening market sentiment. To add to this, the macroeconomic scene failed to improve at year end thanks to the Fed’s decision to continue rising rates in 2023.

coingape.com