The crypto market witnessed significant Bitcoin (BTC) sales by a specific group, sparking interest and discussion. According to Julio Moreno, Head of Research at CryptoQuant, the sellers were identified as new Bitcoin whales.
The sales by these new participants have led to increased market volatility and substantial losses, capturing the attention of analysts and enthusiasts alike.
This emerging trend contributes to ongoing debates about market behavior and its potential implications for future Bitcoin valuations.