A significant Bitcoin transaction occurred as a whale purchased 2,509 BTC, valued at approximately $221 million, from FalconX. The transaction involved distributing the funds across three new wallets, likely to maintain anonymity. This movement comes as Bitcoin's price remains under pressure, with its dominance reaching a critical resistance level on a two-week chart. Analysts are observing a potential market shift towards altcoins. Additionally, a macroeconomic analysis by CryptosRus suggests Bitcoin's price trends are influenced by U.S. economic cycles, beyond the traditional halving events.
Whale Acquires 2,509 BTC Amid Market Pressure
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