Bitcoin Whale Withdraws $84M – 3 Meme Coins to Surge Next
The post Bitcoin Whale Withdraws $84M – 3 Meme Coins to Surge Next appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin whale has just pulled off a serious move. They withdrew 1K $BTC, worth over $84M, from the world’s largest crypto exchange by trading volume, according to blockchain tracking service Whale Alert. Now, before you assume someone’s cashing out, let’s clarify: this kind of move usually signals the opposite. Whales don’t move funds off exchanges to sell. They move them to cold storage – to sit tight and wait. It’s a security move and a sign they believe $BTC is going up, not down. And they might be right to think so. Crypto analyst Rekt Capital says $BTC has broken out of a downtrend and is hovering on the edge of a big breakout. Historically, when $BTC leads the charge, altcoins aren’t far behind. Let’s take a closer look at three new meme coins that could ride the wave if $BTC breaks out. What’s Going On With Bitcoin Whales and Why It Matters This $84M Bitcoin whale move is big – but it’s not random. It comes as market sentiment around $BTC is shifting in a big way. After months of choppy trading and hesitation, $BTC has broken past a key downtrend, according to popular analyst Rekt Capital. That’s technical speak for: $BTC might be ready to pump again. And whales know it. They don’t wait for headlines to tell them when to act – they often make the headlines. When a massive amount of $BTC leaves an exchange, it’s a sign that someone big is playing the long game. At the same time, trading volume is spiking – up 37% on the same exchange where the whale made the withdrawal. This kind of volume jump usually happens when traders are bracing for something big. If…
Filed under: News - @ April 15, 2025 12:24 pm