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Question #484

Why did the transfer of large Bitcoin amounts to exchanges on December 25 raise caution, even though prices remained range-bound?

Catégorie: General
It indicates whales were distributing BTC donations to charities
Whale deposits often signal potential sell pressure, prompting caution despite stable prices
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.

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