Bitcoin Whale Transfers $318 Million, Market Impact Unclear

Recent activity on the Bitcoin market has attracted attention from observers as a major whale transferred 3,289 BTC, valued at approximately $318 million to Coinbase. This transfer is sparking speculation about potential selling pressure in the crypto market. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 The unidentified whale’s move has raised concerns among some as large-scale transfers of Bitcoin by whales often indicate a shift towards bearish trends. 3,289 #BTC (318,883,825 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/Oauog7Y4io — Whale Alert (@whale_alert) May 2, 2025,