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by: xpoolPosted on: June 5, 2025

Bitcoin Whales Cash Out $500M Per Hour: Profit-Taking Drives Price Drop

Recent data from Glassnode shows that the amount of profit realized by whale entities has surged to over $500 million per hour in the past 24 hours, indicating a significant surge in profit-taking activity. This trend is attributed to Bitcoin’s recent surge to an all-time high and its subsequent pullback.

Related posts:

  1. Bitcoin Whale Purchases $140 Million in BTC, Boosting Liquidity
  2. Bitcoin Whales Accumulate Significant Holdings: Signals Bullish Sentiment
  3. New Bitcoin Whales Accumulate $63 Billion: Potential Supply Squeeze Ahead?
  4. Bitcoin Whales Accumulate Over 1 Million BTC in 2025: Signals Bullish Market Sentiment
Bitcoin Cryptocurrency Whale Activity

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