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Bitcoin Whales Sell 115,000 BTC, Raising Concerns of Market Crash
CryptocurrencyBitcoin Sell-offUpdated 2 days ago

Bitcoin Whales Sell 115,000 BTC, Raising Concerns of Market Crash

Bitcoin faces heightened volatility as whales have sold between 112,000 and 115,000 BTC, valued at nearly $12.7 billion, in August. This represents the largest distribution since July 2022, leading to significant selling pressure and raising fears of a potential market crash.

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Whales Dump 115,000 BTC in Largest Distribution Since 2022: Is a Crash Looming?
NegativeCryptocurrency
Bitcoin is experiencing increased volatility as whales sold between 112,000 and 115,000 BTC, worth nearly $12.7 billion, in August. This marks the largest distribution since July 2022, contributing to significant selling pressure in the market.
Editor’s Note: This situation is crucial as it indicates a potential shift in market dynamics. The large sell-off by whales could lead to further price declines, affecting investors and the overall cryptocurrency market.

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