Bitcoin whales continue to sell profit: 40 %decrease in 8 years
Bitcoin has entered the process of profit realization after the record in May, while sales pressure from long -term whale wallets draws attention. The total supply in the hands of the wallets holding an assets in the range of 10,000 to 100,000 BTC has fell from 2.7 million BTC to 1.6 million in the last 8 years. This shows that large investors continue to realize their long -term profits.
The sales trend of large whales continues
Crypto Analyst Willy Woo announced that whales with 10,000 BTC or more assets have been selling since 2017 in their sharing on June 3, X (formerly twitter). Many Bitcoins in these addresses have been reported to be taken between 0 and 700 dollars and held for 8 to 16 years.
🔸 Since 2017: 40 %decrease
🔸 10K - 100K BTC December: 2.7 million → 1.6 million BTC
🔸 Reason for sales: profit realization and long -term strategy
🧠 Glassnode: Profit Realization accelerated
According to the Blockchain analysis company Glassnode, investors received a significant profit after the new summit of $ 111,900, which Bitcoin reached on May 22nd. It was stated that an average profit of 16 %per BTC was locked and the hourly realized profit exceeded $ 500 million three times.
🔸 The last 27 days: Bitcoin remained for the first time in history over 100,000 dollars.
🔸 Only 8 %time period: it was more advantageous than the current profitability level.
🔸 Price: fell to $ 105,000 on June 3, then rose to $ 106,800, again on the morning of 4 June to $ 105.750.
🪙 Long -term view: Is there still hope?
According to Willy Woo, buying Bitcoin at $ 100,000 in the short term may not seem attractive, but it may be one of the best assets you can see in your investment career in the next 10 years. This may mean a strategic re -accumulation process for long -term investors in the environment where whales are selling.
The sales process of Bitcoin whales may be creating a new opportunity window for long -term investors. However, the wavy course of prices over $ 100,000 necessitates the cautious act of investors. For the expected new peaks (180k - 250k range) during the year 2025, these profit sales reshape the market structure.
