Whale who sold Bitcoin before 2020 crash cashed out $156M before this week’s 20% dip By Cointelegraph


Whale who sold Bitcoin before 2020 crash cashed out $156M before this week’s 20% dip

(BTC) lost 20% in a day partly thanks to the actions of a single whale, new research suggests.

Data from on-chain analytics firm Santiment on Feb. 23 showed that dipped to $47,400 after Bitcoin’s second-largest transaction of 2021 took place.

Import chart for suspect whale sell-off address. Source: Santiment/ Twitter
Bitcoin whale addresses vs. BTC/USD chart. Source: Dovey Wan/ Twitter