June 4, 2025Here’s the latest whale activity update in the crypto market as of June 4, 2025:
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🐋 Whale Movements Overview
A large Bitcoin whale recently bought 23.7 BTC (worth approximately $2.49 million), increasing their total holdings to $18.22 million. However, they are currently sitting on an unrealized loss of $134K, which indicates a long-term bullish outlook despite short-term red.
➤ This shows confidence in BTC’s future gains.
Another whale withdrew 7,401 BTC (worth ~$780 million) from Kraken Exchange.
➤ This is typically considered bullish, as large withdrawals from exchanges often signal holding (not selling).
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💰 Profit-Taking Spike
Bitcoin recently touched a new high of $111,000, after which whales started taking profits.
The realized profit metric hit $500 million/hour on June 3, the highest since BTC's last all-time high.
➤ This points to heavy distribution by whales during the recent peak.
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🪙 Altcoins - Uniswap (UNI)
A top whale accumulated $2.4 million worth of UNI recently, buying the dip after a market pullback.
➤ Whales might be positioning for a Uniswap recovery.
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📌 What This Means for Traders
Bitcoin: Caution is advised as whales are distributing, but long-term sentiment remains positive.
Altcoins: Smart money is rotating into selected altcoins like UNI.
Strategy: Watch for large exchange inflows/outflows and on-chain accumulation trends—they often precede big market moves.