Whale Slip #بيتكوين 🎬
🔊 A Bitcoin whale sold 24,000 #BTC
, causing most altcoins to crash ⏳
. Breaking news: A Bitcoin whale sold 24,000 Bitcoins worth over $2.7 billion, causing today’s drop of -$4,000 within minutes. They still hold 152,874 Bitcoins worth over $17 billion. h/t @SaniExp pic.twitter.com/m4aM9JwlAO — Bitcoin Archive (@BTC_Archive) August 24, 2025 According to Sani, a Bitcoin on-chain analyst and founder of the Timechain Index, the entity liquidated its entire balance of 24,000 BTC, sending it to Hyperunite. The coins remained untouched for over 5 years. On Sunday alone, an astonishing 12,000 BTC was sent to the Hyperunite trading platform, and the whale "is still actively selling," Sani wrote on X. BTC slips below $112.7 thousand amid continued whale sell-offs. According to Willy Woo, a prominent Bitcoin expert, the reason for the slow rise of BTC in this cycle is that the supply of BTC is concentrated among large whales that peaked in 2011. "They bought their BTC at $10 or less. It takes over $110 thousand of new capital to absorb every BTC they sell." ⛔⁉️