Bitcoin Whale Profits Hit Record, CryptoQuant Warns of Sell-Off Risk

A record $9.07 billion in short-term Bitcoin whale profits has raised concerns of potential sell-off pressure, according to CryptoQuant data cited by Whale Insider on X.

CryptoQuant's assessment links this unusually high profit level among short-term holders with an increased risk of a market downturn.

However, the source does not confirm that a sell-off is underway or that whales are actively selling their holdings. It merely highlights the elevated profit level as increasing the potential for a sell-off event in the future.