According to Foresight News, Julio Moreno, head of research at CryptoQuant, said that new Bitcoin whales have realized a $1 billion loss in the past two weeks, after they made profits when they sold in the first quarter of this year. Old whales realized profits in early June. Data shows that new whales made a lot of profits in March, while old whales cashed in profits in early June.
Foresight News previously reported that CryptoQuant CEO said that the "surrender" of Bitcoin miners is still continuing, and the crypto market is expected to be relatively flat in the next 2-3 months.
