🐋 Whales Realized $2.6 Billion in Profits — Dump Triggered?
On June 16, 2025, Binance users (likely whales) realized $2.6 billion in profits — the second highest single-day profit-taking event ever recorded on Binance.
This happened right before Bitcoin dropped from ~$105,800 to under $100,000.
57.44% of global realized profits that day came through Binance, suggesting coordinated sell-offs from large holders.
🔥📉 Impact on Bitcoin Price:🔥
Price dumped sharply from $105.8K to the low $90Ks range shortly after.
On-chain analytics show that whales likely sold at the top and then withdrew or reshuffled funds.
💥💡 What This Means:💥
Whales often sell into retail euphoria. When profit-taking spikes and price drops sharply, it can trigger panic selling, liquidations, and cascading price drops.
This pattern suggests that the dump was not random — it may have been a strategic profit move by large holders using Binance.
🎯Would you like a chart showing the exact whale movement and Bitcoin price correlation? Or alerts for when similar whale behavior happens again?