Long-term Bitcoin holders realize $120 million in profits

Son Min

Summary

  • Whales who have held Bitcoin (BTC) long-term have begun large-scale profit-taking.
  • Analyst Ali Martinez said long-term Bitcoin holding whales realized $120 million in profits.
  • Bitcoin was trading at $113,039, up 0.2% from 24 hours earlier on the Binance USDT market.

Whales who have held Bitcoin (BTC) long-term have reportedly begun large-scale profit-taking.

On the 24th (local time), crypto asset (cryptocurrency) analyst Ali Martinez said on X (formerly Twitter), "Long-term Bitcoin holding whales have realized $120 million in profits."

At 8:20 p.m., on the Binance USDT market, Bitcoin was trading at $113,039, up 0.2% from 24 hours earlier.

publisher img

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
What did you think of the article you just read?