Crypto analytics firm Santiment has observed a surge in massive Bitcoin transactions during March, with the five largest transactions of 2023 occurring this month. This trend is believed to result from profit-taking and concerns about a potential top, following Bitcoin’s approximately 70% rebound. The most recent notable transaction involved a transfer of 20,000 BTC, which was briefly sent to an address before being moved to multiple other addresses. Santiment noted a significant influx of coins moving back onto exchanges between March 13th and 21st, as Bitcoin’s price rose sharply to $28,000. However, as prices began to range between $27,000 and
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Author: NixCoin