Whale bc1pyd has radically changed its strategy: after a long period of consistent Bitcoin accumulation, a sudden complete liquidation of the position occurred. The address withdrew the entire stash of 5,076 BTC ( then equivalent to $384M ) within 8 hours, resulting in a loss of approximately $118M.
This sharp turnaround signals a shift in the large investor's sentiment. Likely, the whale decided to lock in losses due to changing market forecasts or chose to reevaluate its portfolio. Such behavior by major holders often serves as an indicator of a potential pullback or reassessment of the current price level.
These whale movements in the market attract traders' attention, as they can precede volatility and shifts in the preferences of large capital.
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Whale bc1pyd has radically changed its strategy: after a long period of consistent Bitcoin accumulation, a sudden complete liquidation of the position occurred. The address withdrew the entire stash of 5,076 BTC ( then equivalent to $384M ) within 8 hours, resulting in a loss of approximately $118M.
This sharp turnaround signals a shift in the large investor's sentiment. Likely, the whale decided to lock in losses due to changing market forecasts or chose to reevaluate its portfolio. Such behavior by major holders often serves as an indicator of a potential pullback or reassessment of the current price level.
These whale movements in the market attract traders' attention, as they can precede volatility and shifts in the preferences of large capital.