$9.6B Whale Move and GENIUS Act Spark Bitcoin Jitters
$9.6B Whale Move and GENIUS Act Spark Bitcoin Jitters
A dormant Bitcoin whale has re-emerged after 14 years, transferring $9.6 billion in BTC in a move that, combined with new U.S. crypto legislation, is sparking concerns about a potential market correction.
According to Cointelegraph, the whale received the Bitcoin in April and May 2011 when the asset traded below $30. The recent activity follows the U.S. House’s passage of three major crypto bills, including the Guiding and Establishing N...
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