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Did Bitcoin Cash Secretly Test the Waters Before $8B in BTC Made Its Move?

Did Bitcoin Cash Secretly Test the Waters Before $8B in BTC Made Its Move?

Author:
CoindeskEN
Published:
2025-07-05 13:43:19
16
1

$8B BTC Movements May Have Been Preceded by Covert Bitcoin Cash Test

Whale-sized Bitcoin transfers rarely happen in a vacuum. Now, evidence suggests Bitcoin Cash may have been the stealth testbed for this week's $8B BTC shuffle.

The shadow play behind mega-transfers

When nine-figure sums move, someone's usually rehearsed the mechanics. On-chain sleuths spotted unusual BCH activity mirroring the exact transaction patterns later seen in Bitcoin's blockbuster move—just at 1/100th the scale.

Why this reeks of institutional maneuvering

Private testnets exist, but nothing replicates live-chain conditions like... well, a live chain. Using BCH as a cheap dress rehearsal? That's the kind of 'efficiency' Wall Street would applaud—right before charging you 2% for the privilege.

The takeaway? Follow the 'practice runs' to spot the next big move. Just don't expect the banks to take notes—they're still trying to custody NFTs.

|Square

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