Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
BTC Whale Sells 400 BTC, Holds 3,100 BTC

BTC Whale Sells 400 BTC, Holds 3,100 BTC

TokenTopNewsTokenTopNews2025/06/23 05:56
By:TokenTopNews
Key Points:

  • BTC whale sells 400 BTC, remains with 3,100 BTC.
  • No public statements from notable figures or exchanges.
  • Potential short-term volatility due to large-scale selling.
BTC Whale Sells 400 BTC, Holds 3,100 BTC

A Bitcoin whale sold 400 BTC valued at $40.59 million on Binance approximately six hours ago, significantly impacting market dynamics.

This event highlights significant market activities leading to heightened volatility, reflecting similar patterns observed during previous major sell-offs.

A BTC whale sold 400 BTC, equivalent to $40.59 million, on Binance. The whale’s address, starting with 12d1e4, remains anonymous, while Lookonchain confirmed the transaction. As of April 2024, the whale consistently sold 6,900 BTC, impacting liquidity.

The whale’s activities signal potential price volatility, as repeated large-scale deposits could affect short-term BTC pricing. Market watchers note the historical precedent of whale sell-offs influencing broader market trends and sentiment.

These activities could shift short-term liquidity dynamics, leading to increased price volatility in the BTC market. No direct comments from major figures or exchanges have been recorded, leaving the market to interpret this movement.

Monitoring continues among analysts, reflecting previous trends where whale transactions sometimes precede market volatility. Historical parallels suggest that such sales could coincide with temporary price dips, affecting related cryptocurrencies like ETH.

Expert analysts advise caution amid current conditions, suggesting potential regulatory scrutiny on future whale movements. The current behavior aligns with pattern analysis and serves as a potent indicator of shifting market sentiment.

There are currently no direct quotes or reactions from key opinion leaders (KOLs) regarding the recent whale activity involving the sale of 400 BTC. The report states that prominent figures such as Arthur Hayes, CZ, Vitalik Buterin, and Raoul Pal have not commented specifically on this transaction.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ESUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/16 11:12

New spot margin trading pair — CROSS/USDT, TAC/USDT!

Bitget Announcement2025/07/16 08:07

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40