New Bitcoin Whales Realize $1.77B in Losses During Price Crash

BTC-0.95%
According to CryptoQuant analyst Maartunn, new Bitcoin whales realized $1.77 billion in losses during the past week as BTC experienced a sharp drawdown. New Whales, defined as investors holding more than 1,000 BTC acquired within the past 155 days, accounted for the majority of realized losses during the decline. Bitcoin fell more than 13% over the past week, trading around $63,300 at the time of reporting, with a low of $59,000.
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