Large-scale Bitcoin whales transactions signal a bottom.

Bitcoin / US Dollar (calculated by TradingView) BINANCE:BTCUSD

gibsonlookey

Following Russia’s invasion of Ukraine on Thursday, Bitcoin ( BTC ) fell below the $35,000 mark.

Since then, however, the cryptocurrency has risen significantly, and it is presently trading around the $39,000 mark.

As Bitcoin prices bottomed out at $34.7k with Thursday’s war news, whales have made some MASSIVE transactions.

This has been the largest amount of both $100k+ and $1m+ $BTC transactions since Jan. 24th, when prices jumped +15% the week following.

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