while bitcoin is up from from $40,000 to hitting Almost $58,000 in 2 weeks, The third biggest bitcoin whale sold 6000 Bitcoins.
- The first selling was on 6th, october which was 3,000 bitcoins at around $55,000 per bitcoin
- The Second selling was noted on 8th, october which was 1,500 bitcoins at around $54,500 per bitcoin
- the third selling was noted on 9th october which was 1,500 bitcoins At around $54,000 per bitcoin
- the fourth and last selling by this whale so far was on 13th, october which was 1,500 bitcoins at $56,500 per bitcoin.
All the details Regarding this bitcoin whale can be seen in the image below
While this selling could be related to upcoming big move in bitcoin price, usually when a bitcoin whale sells their stack, that could be due to a upcoming downfall in bitcoin and altcoin prices. this bitcoin whale still holds around 105,264.57 bitcoins. as the 4 bitcoin etf desicion dates are coming in october :
1) Proshares bitcoin strategy etf
2)valkyrie bitcoin strategy etf
3)invesko bitcoin strategy etf
4)vaneck bitcoin strategy etf
bitcoin is currently trading at $56,200 during the writing of this article, and technical analysis seems bullish for bitcoin as bitcoin surpassed the major resistance at $53,000 as a crucial level reported by analysts, sentiments around the crypto market remains positive.