𝐀𝐫𝐞 𝐖𝐡𝐚𝐥𝐞𝐬 𝐄𝐱𝐢𝐭𝐢𝐧𝐠 𝐓𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭? 🚨🚨

After the spot #BitcoinETF approval, #BTC  has experienced a nearly 𝟐𝟎% correction, primarily due to #GBTC selling its holding.

𝐵𝑢𝑡 𝑡ℎ𝑒𝑟𝑒 𝑎𝑟𝑒 𝑜𝑡ℎ𝑒𝑟 𝑠𝑡𝑎𝑡𝑠 𝑡𝑜𝑜, which show that whales are taking some profit or redistributing their holdings.

𝗪𝗮𝗹𝗹𝗲𝘁𝘀 𝗪𝗶𝘁𝗵 $𝟭𝟬𝟬𝗸-$𝟭𝟬𝗠 𝗨𝗦𝗗𝗖:

⏩ This cohort holding has seen a 𝟑% drawdown over the past 6 𝑚𝑜𝑛𝑡ℎ𝑠.

𝐖𝐚𝐥𝐥𝐞𝐭𝐬 𝐖𝐢𝐭𝐡 $𝟏𝟎𝟎𝐤-$𝟏𝟎𝐌 𝐔𝐒𝐃𝐓:

⏩ This cohort's holdings have gone down by 𝟒% since August.

𝐖𝐚𝐥𝐥𝐞𝐭𝐬 𝐖𝐢𝐭𝐡 𝟏𝟎-𝟏𝟎𝐤 𝐁𝐓𝐂:

⏩ They currently hold their 𝑙𝑜𝑤𝑒𝑠𝑡 𝑎𝑚𝑜𝑢𝑛𝑡 since 𝐽𝑢𝑛𝑒 2023, which indicates selling or distribution.