Whale Moves 1000 BTC to External Wallet — Prepare to HODL?

Whale Moves 1000 BTC to External Wallet – Prepare to HODL? – BeInCrypto

One major player in the cryptocurrency market just withdrew 1,000 BTC ($8.3M) from Bitstamp to an external wallet. Is this a sign that Bitcoin is in a period of accumulation? The leading cryptocurrency has been holding steady around the $8,300 price point and seems to have proven wrong many of the bears who have been calling for a further breakdown below the $8,000 price level.