A whale recently panic-sold 800 #BTC , worth approximately $48.5 million, after Bitcoin's price dropped. Since June 19, this whale had accumulated a total of 11,659 BTC at an average price of $62,362 per BTC, worth about $727 million. However, they’ve sold off 10,345 BTC at an average price of $59,847, netting $619 million, but ultimately realizing a loss of around $26 million in the process.

Despite the sell-off, the whale still holds 8,936 BTC , which is valued at approximately $540 million at the current prices. Their activity suggests a reactionary trading approach, possibly driven by market fluctuations or emotional responses to price drops.

Whale address: 3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN

$BTC