Bitcoin Whale Supply Falls to Lowest Level in Seven Years

The cryptocurrency market records its largest whale selloff since 2022, pushing whale-held Bitcoin supply to a multi-year low.

BTC

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Terms & Concepts
  • Bitcoin Whale: A term used to describe individuals or entities holding large amounts of Bitcoin, often enough to influence market movements.
  • Whale Supply: The total amount of cryptocurrency held by large holders, typically wallets with significant balances.
  • Selloff: A rapid selling of assets, often leading to a decline in price or supply concentration.