A single entity has sent shockwaves through the market, reportedly causing a loss of $310 million today. Bitcoin's sudden crash. This whale allegedly lost more than 24,000 BTC, but the story doesn't end there.
The funds have been traced back to deposits in HTX from six years ago, and the whale still holds the astonishing amount of 152,874 $BTC in linked wallets. This movement is of great magnitude and raises a crucial question: Why now?
Market manipulation: Was this a deliberate attempt to liquidate leveraged positions?
Profit-taking: Is this the beginning of a massive sell-off of long-dormant accounts?
This unique event demonstrates the immense power that large shareholders have to influence the market. Everyone is watching for the next move.
What do you think is the real reason for this sudden accident? Join the conversation in the comments! 🗣️
