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Crypto

Bitcoin Whale Unloads $50M Via Wintermute Amid Price Volatility

Guavy AI Editorial Team
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BTC
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A significant Bitcoin whale has made another large sale through Wintermute, selling 800 BTC (approximately $50.72M) in a recent transaction.

This brings the two-month total to 2,500 BTC ($154M), according to data from @lookonchain.

The scale of these sales often coincides with changes in Bitcoin price predictions and increased crypto market volatility.

Currently, the Bitcoin price sits at $63,475.58 on a 4-hour chart, below both the EMA50 ($64,200.41) and EMA200 ($63,720.47), within a bearish structure.

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