Anonymous Whale Sells Another 2,000 BTC on Rebound, Unloading $136.5M in Latest Move
BitcoinWorld Anonymous Whale Sells Another 2,000 BTC on Rebound, Unloading $136.5M in Latest Move An anonymous Bitcoin whale, identified by a wallet address beginning with bc1qsy, has sold an additional 2,000 BTC during the recent price rebound, according to on-chain analytics firm The Data Nerd.
The transaction, valued at approximately $136.48 million, adds to a significant month-long selling spree that now totals 9,513 BTC. Context of the Sale The latest sale occurred as Bitcoin rebounded from recent lows, a move that often attracts profit-taking from large holders.
The whale’s cumulative disposals over the past 30 days suggest a deliberate strategy to reduce exposure, possibly in response to market volatility or to secure profits after a period of accumulation.
While the exact identity of the wallet owner remains unknown, the scale of these transactions has drawn attention from traders and analysts who monitor whale activity for potential market signals.
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