Odaily Planet News: According to monitoring by Lookonchain, a whale (bc1py...0ymc), who had previously been continuously accumulating BTC, stopped buying and sold all 5,076 BTC within the past 8 hours, worth $384 million, resulting in a loss of approximately $118 million.
Whale Sells 5,076 BTC at $118M Loss
KuCoinFlashShare
Summary
A whale linked to the BTC address bc1py...0ymc has sold 5,076 BTC in the last 8 hours, totaling $384 million at an $118 million loss. The BTC price dipped slightly during the offload. This move may affect BTC's dominance as large holders adjust their positions.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.