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🩸BEARISH

Two BTC Whales Dump 2,521 Bitcoin for $205M in Coordinated Profit-Taking!

A pair of large Bitcoin holders offloaded a combined 2,521 BTC — worth approximately $205.26 million — within the same…

A pair of large Bitcoin holders offloaded a combined 2,521 BTC — worth approximately $205.26 million — within the same window seven hours ago, in what on-chain data shows as deliberate profit-taking rather than distressed selling.

The first wallet, bc1qlu, accumulated 1,470 BTC at $74,448 per coin roughly three weeks ago and exited for a $10.23 million gain. The second, bc1qyh, moved faster — buying 1,051 BTC at $78,325 just five days ago before locking in a $3.24 million profit on the same exit.

The coordinated timing of two independent large positions closing simultaneously is the detail worth watching. Whether this represents a local top signal or simply opportunistic rebalancing near recent highs will depend on whether spot demand absorbs the supply without a visible price dislocation.

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Aggregated from Lookonchain · Verified · Last refreshed 4d ago
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