At 3-4 AM on Monday, two ancient giant whales suddenly began to sell off, with a total of nearly 20,000 BTC sold so far, worth $2.22 billion, instantly matching the total sell-off over the past three weeks of the ETF.
After completing the sell-off of Bitcoin, they started to build a position in a $642 million perpetual contract for Ethereum.
During the early morning, both Bitcoin and Ethereum began to decline at the same time, but Bitcoin fell more significantly with a weaker rebound. For now, let's maintain a bearish outlook on Monday for $BTC
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