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May 30, 2025

Massive 684 Million Bitcoin Transaction Shakes Kraken Are We Selling in May

Earlier today, a significant transaction of 6,500 BTC, valued at over 684.6 million, was recorded on the Bitcoin blockchain. Both the sending and receiving addresses were associated with Kraken, one of the largest exchanges in the United States. This remarkable transaction has raised questions about potential selling pressure in the market and whether investors should consider cashing out as May approaches its end.

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