Bitcoin Whale Buys $680M in BTC Ahead of Fed’s Rate Cut Decision

The timing of the purchase is critical as the Fed is expected to cut rates by 25-basis-points and it will be a key macroeconomic catalyst for risk assets like Bitcoin.

Bitcoin Whale Buys $680M in BTC Ahead of Fed’s Rate Cut Decision
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Why the Hen Does Not Have Teeth Story Book

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It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

Click the image to get your copy!

Why the Hen Does Not Have Teeth Story Book

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

Click the image to get your copy!

An unknown Bitcoin whale purchased over $680 million in BTC just a day before the highly anticipated Federal Reserve interest rate decision today on September 17. While market players are expecting a 25-basis-point rate cut, this massive transaction signals a significant bullish bet. 

Onchain data from Arkham confirms that the acquisition took place on September 16, between 15:47 to 17:02 UTC. This Bitcoin purchase is one of the largest single-day accumulation this year. 

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