Question n° 484 ·
Why did the transfer of large Bitcoin amounts to exchanges on December 25 raise caution, even though prices remained range-bound?
- It indicates whales were distributing BTC donations to charities
- Whale deposits often signal potential sell pressure, prompting caution despite stable prices Bonne réponse
- It means whales were hiding coins to prevent price manipulation
Pourquoi est-ce la bonne réponse?
This is correct because when large holders move coins to exchanges, it often precedes selling. Traders see this as a warning sign that supply might surge, which can lead to price drops, so they become cautious.