🐋 A whale transfers 500 BTC to a centralized exchange amid a potential loss of $6.85 million.
A report from BlockBeats revealed that one of the major whales transferred approximately 500 Bitcoin — equivalent to $52.8 million — to a centralized exchange (CEX) after holding it for over four months.
Data indicates that the whale purchased this amount when its value was around $59.4 million, which means it could face a loss of about $6.85 million if the sale is executed.
This move could be interpreted as a signal of potential selling pressure in the market, or perhaps a portfolio restructuring in preparation for upcoming movements in Bitcoin's price.
📉 In summary: Whale movements do not go unnoticed — every massive transfer carries with it either the beginning of a selling wave... or a smart step before a sudden rebound.
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