Bitcoin Whale Sells $18.25M at a Loss During Market Dip

Bitcoin Whale Sells $18.25M at a Loss During Market Dip

According to data from cryptocurrency analytics firm Lookonchain, a Bitcoin whale recently sold $18.25 million worth of Bitcoin at a loss. The whale had initially bought $54.6 million worth of Bitcoin at $63,878 last month but decided to liquidate a significant portion during the market crash on August 5. During this crash, the price of Bitcoin plummeted to $49,557 on the Bitstamp exchange, following a steep drop in global stock markets, with...

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