Dec 17, 2025
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3,000 BTC Transferred to Binance Amid Quantum Computing Concerns
Bitcoin Transfer and Market Movement
- A transfer of 3,000 BTC, valued at approximately $260 million, was made from an unknown wallet to Binance.
- Another transaction involved 1,000 BTC worth $87.3 million.
- Bitcoin is currently trading around $86,000, down over 6% in the past week.
Quantum Computing Concerns
- Charles Edwards, founder of Capriole, warns about Bitcoin's vulnerability to quantum computing.
- Quantum computers could potentially break current cryptographic standards, posing a risk to Bitcoin security.
- Edwards suggests implementing quantum-resistant updates by 2028 to prevent severe market impacts.
- Grayscale acknowledges this risk but believes it won't affect major cryptocurrencies by 2026.
Technical Analysis
- The Bitcoin True Market Mean Price (TMMP) is approximately $81,500.
- Trading above TMMP often leads to investor confidence, while prices below may face resistance.
- The AVIV Ratio indicates a stable phase with neither strong upward nor downward trends.
- If Bitcoin maintains above TMMP and AVIV stabilizes between 0.8 and 0.9, it could support longer-term trends.
If Bitcoin falls below TMMP and fails to recover AVIV, it may require deeper demand support.
