Recently, Bitcoin whales took an early exit amid market corrections, resulting in losses. Four major whales withdrew 8,510 BTC from the Bitfinex Exchange around July and August, amounting to a financial setback.
Following this, they deposited 1,500 BTC valued at $92.95 million back into the system within 30 hours. The initial accumulation of BTC occurred at higher prices, contributing to their financial loss.