The price of Bitcoin remains stagnant at around $61,000, failing to reach new highs and causing troubles for some investors. A large Bitcoin whale, who had previously withdrawn 8,510 BTC from Bitfinex, has now started selling these coins, resulting in a loss of around $30.54 million. The whale still holds 7,010 BTC and may continue to sell in the future, potentially impacting Bitcoin's price growth. Some speculate that the whale is panic selling or expecting a price crash.
- Content Editor ( u.today )
- 2024-10-10
Bitcoin Whale Goes Bearish With $424 Million in BTC