Bitcoin Price at Risk: Dormant Wallet Moves 25,000 BTC Ahead of Options Expiry and PCE Inflation Data

This week marked a significant movement in the cryptocurrency market as a dormant Bitcoin wallet activated, moving 25,000 BTC, sparking fears of a market downturn. Incredible volatility was noted as dormant wallet addresses moved a cumulative total of 45,000 bitcoins this week alone. Looking ahead, Bitcoin and various altcoins face a wave of selling pressure

Source: CoinOtag