CandleFocus

Whales Dumping WBTC For Profits Ahead Of BTC’s Pump

Bitcoin whales are taking advantage of the recent price surge to lock in profits. One whale has deposited $14.5 million worth of WBTC and plans to sell 195.4 WBTC on Binance, resulting in a profit of $4.48 million. The whale also holds a significant amount of Ethereum, indicating confidence in its price trajectory. Bitcoin's price is currently at $74,888, showing a consistent uptrend, but technical indicators suggest a possible price reversal in the near term.

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