Whales Dump 115,000 BTC in Largest Distribution Since 2022: Is a Crash Looming?

Bitcoin (BTC) is facing heightened volatility after whales unloaded between 112,000 and 115,000 BTC, valued at nearly $12.7 billion, in August. According to on-chain data from CryptoQuant, this represents the largest whale distribution since July 2022, adding significant selling pressure to the market. Related Reading: Bitcoin Premium Bubble Has Burst — NYDIG Says The Signal […]