Binance Alpha Alert: A massive Bitcoin move just sent shockwaves through the crypto market.
According to real-time data from Lookonchain, a crypto whale has liquidated 400 BTC worth $33.83 million just hours ago—taking a major loss. This comes as part of a broader sell-off strategy by the same address, which began dumping BTC on March 11.
Four months ago, this address made headlines by purchasing 2,000 BTC for a staggering $197.8 million—at a record-high entry of $98,896 per BTC. But market conditions shifted. Fast forward to now: the whale has offloaded 1,200 BTC in total, recovering only $98.6 million at an average price of $82,171.
Net Loss: $31.8 million.
This significant move marks one of the biggest realized losses among whales in recent weeks. Traders across Binance and the wider crypto space are now eyeing this wallet closely.
Key Takeaways for Binance Traders:
Whale sell-offs often signal trend reversals or panic exits.
Such movements can catalyze short-term volatility.
Watch for price reaction near $82k levels—support or more downside?
The question remains: is this whale cutting losses—or do they know something others don’t?
Binance Alpha Verdict: Stay sharp. Whale behavior often precedes major market shifts.
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