🐳 Bitcoin Whale Triggered a $310 Million Crash
Today's sharp drop in BTC occurred due to a single source — a whale that sold over 24,000 BTC, most of which had not been touched for over 5 years, and converted the funds to ETH.
➡️ Today, over 12,000 BTC were sent to Hyperunite
➡️ Over 18,000 BTC (2 billion dollars) have already been sold
➡️ More than 6,000 BTC (670 million dollars) remain to be sold
➡️ ETH worth 2 billion dollars has been purchased, 1.3 billion dollars have been staked
One wallet turned the market upside down and reminded everyone just how small liquidity really is.