Bitcoin’s $9.07B Whale Profit Record Puts Rally Floor to Test
Bitcoin’s short-term whale cohort amassed a record $9.07 billion in unrealized profit before the figure eased as BTC slipped. A new analysis suggests the paper gains could increase selling pressure and test the rally’s underlying price floor. Bitcoin Whale Paper Gains Reach a Record Short-term holder whale unrealized profit and loss reached $9.07 billion on […]
Key Takeaways
- Bitcoin’s short-term whale cohort amassed a record $9.07 billion in unrealized profit before the figure eased as BTC slipped.
- A new analysis suggests the paper gains could increase selling pressure and test the rally’s underlying price floor.
- Bitcoin Whale Paper Gains Reach a Record Short-term holder whale unrealized profit and loss reached $9.07 billion on […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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