Santiment said large Bitcoin transfers topped six-week highs during a price drop, while a separate whale known as “set 10 big goals first” closed a BTC long at a $66,000 stop-loss.
Santiment data indicated that Bitcoin whale activity rose to a six-week high as Bitcoin fell to $70,011, with transactions above $100,000 reaching their highest level since April 22. Separately, PANews reported on June 4, citing on-chain analyst Ai Yi, that a whale known as “set 10 big goals first” exited a BTC long opened at $67,777 after a $66,000 stop-loss was triggered. Ai Yi said the realized loss was either about $500,000 on a 281.789 BTC position valued at $19.09 million or $5.467 million on a 3,076.88 BTC position valued at $208 million; the trade had previously shown a floating loss of as much as $15.3 million. Together, the reports point to heightened large-holder activity during Bitcoin market weakness, though the sources do not establish a direct link between the broader transfer spike and the specific whale trade.