A certain whale is suspected to have reduced its holdings by 300 BTC about half an hour ago, worth 18.25 million US dollars
According to on-chain analyst @ai_9684xtpa, the whale starting with 35TZj, who built a position in BTC at an average price of $63,878 in July this year, is suspected to have reduced its holdings by 300 BTC about half an hour ago, worth $18.25 million. This whale withdrew a total of 855 BTC from exchanges between July 10 and July 23. On August 5th when the market plummeted drastically, it's suspected that they panic sold another 297 coins. Including today's sale portion, they've suffered nearly a loss of $4.08 million so far and currently still hold 259 coins with unrealized losses amounting to $805k.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fogo Foundation Attacked, Approximately 400 Million FOGO Tokens Transferred
Blue Owl (OWL.US) teams up with PIMCO to tailor a $2.4 billion GPU financing for IREN (IREN.US)
A $2.4 billions debt financing round, led by funds under Blue Owl Capital Inc., has been finalized. The funds will be allocated to cloud service provider IREN Ltd. to purchase NVIDIA's Blackwell Ultra GPUs, supporting the development of its data center campus in Canada.
