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Bitduke
Nov 4, 2020 12:19 AM

XBTUSD - US election | 69,369.164 BTC moved 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Interesting behavior. Short 14K third time in row would be too easy for BTC.

Btw, 69,369.164 BTC were moved (almost 1B) from one address to another from a wallet where there have been no transactions since 2015. But it doesn't affect the price at any way it seems

US election uncertainty + large BTC moves, I would be better watching for the sidelines. Looking forward to a suitable opportunity


Information is just for educational purposes, never financial advice. Always do your own research.

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Comments
The_Blind_Dog
whats the address that moved the coins
Bitduke
@The_Blind_Dog, it turned out to be a funny story, the feds have the money, just google "U.S. Feds Seized Nearly $1 Billion in Bitcoin". They will conduct an auction.
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