Bitcoin Sharks and Whales Sell Off $2.2 Billion Worth of Bitcoin
Big Bitcoin investors, known as 'sharks' and 'whales', have sold their significant Bitcoin holdings, worth $2.2 billion, affecting the market significantly.
Big Bitcoin holders recently sold around 60,000 BTC, reportedly to profit from the price increase over $37,000. Despite the sale, Bitcoin's price remained around $37,000, recovering slightly. However, without support from sharks and whales, Bitcoin may not be able to increase much more. The last time Bitcoin reached this price level was when these investors bought a lot of Bitcoin.