$BTC Whale Capitulation Signal



A notable Bitcoin whale who accumulated 800 BTC near $107K in November has finally exited after 7 months of holding through the drawdown.

The position was sold near $62,800, locking in approximately a $35 million loss. This represents one of the last major buyers from the previous local top finally capitulating.

Such late-stage distribution from high-conviction holders often coincides with exhaustion phases where selling pressure begins to fade and the path for potential recovery becomes clearer.

#USIranTalksPostponed
BTC1.08%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned