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Crypto

Whale Unloads $576M in Bitcoin as Price Nears $80K

Guavy AI Editorial Team
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BTC
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A significant sale of Bitcoin by a 'whale' investor has been recorded as the cryptocurrency nears $80,000. The whale sold 7,700 BTC worth approximately $576.6 million over three days.

This selling follows a recent accumulation of 43,000 BTC by large holders, which helped fuel the rally. Market watchers will be monitoring if more large holders sell and whether institutional demand can absorb the supply, influencing Bitcoin's next move.

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