Odaily Planet Daily reports that an anonymous whale sold a total of 7,700 bitcoins between August 19 and 22, worth approximately $577 million at current prices. Of this, a single sale of 2,700 bitcoins earlier today amounted to approximately $212 million.
Bitcoin rose to $79,500 this week before pulling back to around $77,000, posting a weekly gain of over 20% and nearing $80,000. This sell-off occurred after large holders accumulated approximately 43,000 BTC over the past 60 days.
Another whale sold 7,513 bitcoins over the three weeks ending August 9, worth approximately $487 million. The U.S. Treasury announced that, starting September 9, the size of long-term Treasury buyback operations will be increased from at least $2 billion to at least $4 billion per operation. (Bitcoin.com News)

