🚨 BTC Long-Term Holders Exit in Large Numbers: Profits and Losses Are Polarized

Two whales recently transferred a combined 1,929.5 BTC (approximately $143.6 million) to exchanges.

Whale holding for 5 years:
1,000 BTC → Binance
Average cost: $46,700
Potential profit: approximately $27.73 million

Whale holding for about 1 year:
929.5 BTC → Kraken
Average cost: $107,125
Potential loss: approximately $30.36 million

Note: Transferring BTC to an exchange ≠ selling it. But long-term holders are loosening their grip, so future fund flows are worth watching.

As long-term holders exit in stages, is BTC about to see a new round of redistribution among holders?

#BTC #Bitcoin #Cryptocurrency