Bitcoin Whales Are Cashing Out Amid Push To New All-Time High
Summary
Bitcoin's price has surged, reaching over $73,000, leading large whales to sell off some of their coins. These whales, holding at least 1,000 BTC, have decreased their total balances, impacting the number of wallets with over 1,000 BTC. Their selling could influence BTC's price, causing flash dips, but the market has shown enough demand to recover quickly. Despite the whale selling, BTC's price remains at $73,000 with a 7-day increase of 10.49%.
