Bitcoin (BTC) Price: Whales Move $200M to Exchanges While One Buys $903M

TLDR The Fed held rates at 3.75% to 4% in a 10-2 vote, and two members favored a hike. Traders see a 78.4% chance of a quarter-point hike at the December 8-9 meeting. Two whales moved $200 million in BTC onto exchanges in 24 hours. One whale bought 11,326 BTC worth about $903 million in the same window. Santiment tracked 14,942 BTC leaving exchanges, the largest outflow in five weeks. Bitcoin is facing pressure after the US Federal Reserve held interest rates steady and signaled ongoing concern about inflation.