Bitcoin STH Whale Sits at $9.07B Unrealized Profit, But Why Is It Concerning?

The post Bitcoin STH Whale Sits at $9.07B Unrealized Profit, But Why Is It Concerning? appeared first on Coinpedia Fintech News Bitcoin is now trading at $78,251, down 1.5%, as the market pulls back from recent highs.

While CryptoQuant data shows that short-term Bitcoin whales are sitting on an unrealized gain of $9.07 billion.  With BTC now near $78,000, the key question is whether these large unrealized gains turn into selling pressure. Is there enough spot …