Whale Sells 100 BTC for $206K Profit Amid Market Volatility
9/7/2024 7:05:27 AM
According to Lookonchain, a whale sold 100 BTC worth $5.35 million, securing a profit of $206,000 as the price neared its breakeven point. Data from IntoTheBlock reveals that 836,000 addresses purchased approximately 402,800 BTC, valued at $21 billion, at prices between $51,113 and $54,303. These addresses are likely to sell near their breakeven points, indicating potential market pressure. (Source)
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