Bitcoin Whales Exit Early, Face $30M Loss

In a notable move amid recent Bitcoin corrections, several whales are making early exits. Four major holders withdrew 8,510 BTC from Bitfinex in July and August, but have now deposited 1,500 BTC back into the market, valued at approximately $92.95M.

Having accumulated their holdings at an average price of $64,434, these whales are offloading at around $61,965, resulting in an estimated loss of $30.54M, or nearly 5.5% of their total BTC. Despite this setback, they still possess around 7,000 BTC, worth approximately $424M. This significant reserve could lead to substantial market supply if they decide to sell in the future.

Stay informed as we continue to monitor these developments!#BTC60KResistance #USCPIWatch #moonbix #HBODocumentarySatoshiRevealed #Write2Earn!