Bitcoin slipped to $108,035 following the unexpected movement of over 80,000 BTC, which had been inactive since 2011. The coins, acquired initially when BTC traded below $1, were transferred on July 4 in two significant transactions, raising fears of a potential dump amid near-record prices.While no direct transfer to centralised exchanges was detected, a typical sell signal was issued; however, the scale of the move caused a ripple across the market. Traders feared that such a massive stash entering circulation could spark a correction.Despite the initial shock, the fact that the BTC was not sent to exchanges suggests internal wallet reorganisation rather than a coordinated sell-off. Is BTC about to dump ?
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