The popular Kryptoc from Maartunn reports that 8000 Bitcoins (BTC), which are dormant for five to seven years, have been suddenly moved, which increased the current fears in Krypto. This development took place after a fairly risky week, because BTC prices fought to interrupt over USD 89,000, after the initial constant stubborn climbing, after which it will succumb to severe sales pressure driven by Jastrzębia Tariff Policy of the US President Donald Trump.
674 million dollars in vintage BTC transfers in one block – cause of the alarm?
The age bands of used performance are a key measure for measuring, as long tokens of Bitcoin remain inactive before movement. According to Maartun in X post, This record recently revealed that 8,000 BTC worth USD 674 million, which were recently moved in 2018-2020, have recently been moved in one block attracting the significant attention of the market.
This transfer is in line with the sequence of recent activations of dormant Bitcoin stocks. March 24, 14-year-old inactive Bitcoin wallet Suddenly he moved 100 bitcoins worth $ 8.5 million. Meanwhile, at the beginning of March, six archaic Bitcoin wallets also moved almost $ 250 with a value of $ 22 million.
In particular, the latest transaction reported by Maartun is of a much higher size with potentially sturdy implications for the uncertain bitcoin market. Basically, the movement of such a huge amount of BTC from long -term sleep is usually interpreted as a signal of incoming sales pressure leading to the main price corrections.
However, there are other potential unattainable motifs for such transactions, such as the internal shuffling of the portfolio by institutional investors or huge owners, as well as the reorganization of the frigid store. Currently, owners of recent portfolios receiving 8,000 are unknown, thus reducing the potential of the bear reaction of BTC owners.
Bitcoin price review
On the last day, the Bitcoins prices fell by 4.00% after the US government announced the intention to impose a 25% tariff on car imports and goods from China, Mexico and Canada, starting from April 3. This means the latest negative reaction of the cryptographic market to President Trump’s international trade policy after similar instances at the beginning of February and half of March.
These funds carried out by the administration of Donald Trump are burning concerns about the potential economic slowdown, which could additionally push high -risk assets, such as BTC from investors’ portfolios leading to further decline.
During the Bitcoin press, $ 83 693 is currently trading, reflecting a decrease of 0.72% and 2.53% in the last seven and 30 days, respectively. Meanwhile, the daily volume of asset trading increases by 19.38% and is priced at USD 31.58 billion. The BTC market capital is currently 1.66 trillion USD and is still the dominant 61.1% of the total cryptographic market.
BTC Trading after USD 83,727 on the Daily chart Source: BTCUSDT chart at tradingview.com