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On-Chain Data Suggests Bitcoin Whales are Unloading BTC at a Record-Breaking Rate – What’s Going On?

Bitcoin (BTC) whales are now unloading coins at a pace never before seen as measured on a 30-day basis. In total, whales have offloaded some 280,000 BTC in the past 30 days, data from the on-chain analysis firm Glassnode...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

On-Chain Data Suggests Bitcoin Whales are Unloading BTC at a Record-Breaking Rate – What’s Going On?
Bitcoin (BTC) whales are now unloading coins at a pace never before seen as measured on a 30-day basis.
In total, whales have offloaded some 280,000 BTC in the past 30 days, data from the on-chain analysis firm Glassnode showed as of Sunday. That is the highest number in any 30-day period, according to the firm....
Read More: On-Chain Data Suggests Bitcoin Whales are Unloading BTC at a Record-Breaking Rate – What’s Going On?

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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