Whale who sold Bitcoin before 2020 crash cashed out $156M before this week's ...

Whale who sold Bitcoin before 2020 crash cashed out $156M before this week's ...

A serial seller with a lot of BTC to their name chose to divest themselves of a large chunk of Bitcoin just before Monday's crash to $47,400. Bitcoin (BTC) lost 20% in a day partly thanks to the actions of a single whale, new research suggests. Data from on-chain analytics firm Santiment on Feb. 23 showed that BTC/USD dipped to $47,400 after Bitcoin’s second-largest transaction of 2021 took place.Ghost of Bitcoin sell-offs past returnsThe transaction, 2,700 BTC worth $156.6 million at $58,000 per token, resulted in a sale which piled pressure on the market, this snowballing into the....


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