Record Billion USD in Bitcoin Transferred as This Report Says Bitcoin May Begin Rising Soon

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Record Billion USD in Bitcoin Transferred as This Report Says Bitcoin May Begin Rising Soon
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48,000 Bitcoin shifted consecutively as $BTC shows signs of a potential rise. whale_alert santimentfeed

In the meantime, a recent Santiment report shows that Bitcoin has been showing signs of a price revival, and the Bitcoin hashrate has reached another all-time high, despite the price staying low.Nearly 48,000 BTC were shifted in four transactions — three of them carrying nearly 13,000 BTC each. In total, these four transfers were evaluated at $939.8 million.

All of the transactions were sent from different wallets to different addresses, with not a single address being used more than once. It seems that the whales have been redistributing their holdings.Meanwhile, a recent report published by Santiment data aggregator shows that the long-term metrics of Bitcoin have been demonstrating signs of a reverse for several months already, even though the price remains in the lows.

The indicators that are showing signs positive for Bitcoin are MDIA and MVRV, social volume and weighted sentiment, and network-realised-profit-loss .

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