Bitcoin whales sold 100,000 BTC in a month…largest scale since 2022

Suehyeon Lee

Summary

It said that over the past 30 days there were large Bitcoin outflows from Bitcoin whale wallets.
It stated that more than 100,000 BTC flowed out from whale wallets holding 1,000–10,000 BTC, marking the largest sell-off since 2022.
CryptoQuant's caueconomy diagnosed that this movement reflects whales' risk-avoidance sentiment.

Over the past 30 days, a large amount of Bitcoin (BTC) has flowed out of whale wallets.

According to Cointelegraph on the 6th (local time), more than 100,000 BTC flowed out of Bitcoin whale wallets holding 1,000–10,000 BTC over the past month, marking the largest sell-off since 2022.

In response, CryptoQuant contributor caueconomy diagnosed, "This indicates the whales' risk-avoidance sentiment."

BTC