Here’s How Bitcoin Price Reacted to the $1.26B Babylon Unstaking Event

The crypto market saw a huge Bitcoin move Wednesday when around 14,929 BTC, worth approximately $1.26 billion, was unstaked from Babylon, a popular decentralized Bitcoin staking protocol.  On-chain data platform Lookonchain noted the event occurred around 10:30 AM UTC. The unstaked Bitcoin (BTC) was split across multiple addresses – a pattern often hinting at strategic […] The post Here’s How Bitcoin Price Reacted to the $1.26B Babylon Unstaking Event appeared first on Coin Edition.