📢News Alert!

🛑New $BTC Whales Suffer $1 Billion Loss in Two Weeks🛑

According to Odaily, Julio Moreno of CryptoQuant reports that new 'Bitcoin whales' have faced losses of up to $1 billion in the past two weeks. This follows their profits in the first quarter of the year. Meanwhile, long-term holders, or 'old whales', managed to profit in early June.

'Old whales' are defined as those with an average UTXO age of more than 155 days, holding over 1000 $BTC , and unaffiliated with CEX or mining companies.

This significant shift highlights the volatility and challenges in the Bitcoin market. Stay updated for more insights!

#CryptoMarket #BTC #CryptoNews #BitcoinWhales #MarketVolatility