Analyst Predicts Imminent Bitcoin Volatility as 170,000 BTC Transfers

According to BlockBeats, CryptoQuant analyst Mignolet has observed a significant movement of approximately 170,000 BTC from holders who have maintained their positions for 3 to 6 months. Such substantial shifts within this group often signal impending volatility in the market. Mignolet noted that green boxes typically indicate an upward trend, while red boxes suggest a downward trend, hinting at potential market fluctuations ahead.