Bitcoin Whale cuts its holdings by more than 100,000 Bitcoins in the past 30 days, setting the largest sell-off record since mid-2022
Source: BlockBeats
Time: 2025-09-08 12:51:09
BlockBeats News, September 8, CryptoQuant analyst cauecomy said on Friday that whales (with a holding of 1,000 to 10,000 coins) reserves have decreased by more than 100,000 bitcoins over the past thirty days, indicating strong risk aversion from large investors. Currently, the portfolio of major players is still seeing a decline in investments, which may continue to put pressure on Bitcoin in the coming weeks. Cauecomy said the selling pressure “damaged the price structure in the short term” and ultimately pushed the price down to below $108,000. According to CryptoQuant, it was the largest whale sell-off since July 2022, with Bitcoin whales slashing their holdings in 114,920 in 30 days as of Saturday.