#USCryptoStakingTaxReview
The Bitcoin whales liquidated 36,500 BTC during December.$BTC
BTC
87,409.79
-0.56%
So far in December, large Bitcoin wallets, also known as whales, have executed massive liquidations of coins. These sales are estimated to total around 36,500 bitcoins valued at approximately $3.37 billion. Meanwhile, Wall Street investors failed to absorb this excess supply, leading to the continued decline of BTC.
The data confirms that large crypto wallets are rearranging their fortunes in anticipation of the next year. In this sense, the liquidations are also accompanied by other buying movements. In particular, the sales were made by whales that hold between 10,000 and 100,000 bitcoins.$XRP
XRP
1.8549
-1.54%
BNB
846.82
+0.28%