Bitcoin whale�s $9.6B transfer, GENIUS Act spark correction concerns

INSUBCONTINENT EXCLUSIVE:
Crypto market watchers are warning of a potential correction as whales offload billions of dollars in Bitcoin, even as the US Senate passes
three major bills aimed at clarifying digital asset regulation.A Satoshi-era whale awakened after 14 years of dormancy and moved $9.6
billion worth of Bitcoin (BTC), which he received in April and May of 2011, Cointelegraph reported on Thursday.The whale may have opted to
burst the biggest bubble and fraud in financial history: Bitcoin
after US regulators passed three key cryptocurrency bills, including the GENIUS Act, in a 308-122 vote on Thursday.Thursday vote on the
CLARITY Act
Source: US House of RepresentativesOther industry watchers are more optimistic
more than 2.4 million percent increase over 14 years, after holding the Bitcoin stash since 2011, when BTC was trading below $30.Related:
Bitcoin treasury trend is new altseason for crypto speculators: Adam BackCrypto Fear & Greed Index, all-time chart
Source: Farside InvestorsMeanwhile, the US spot Bitcoin exchange-traded funds logged the 11th consecutive day of net positive inflows,
amassing over $522 million worth of investments on Thursday, Farside Investors data shows.Magazine: Bitcoin OG Willy Woo has sold most of