Bitcoin Reaches Record High Above $120,000 as Whale Activity Fuels Rally

The cryptocurrency Bitcoin has surged past the $120,000 mark, according to data from BlockBeats. A notable Bitcoin whale known as ‘Set 10 Big Goals First’ recently opened a long position on August 3rd, initiating a trade without taking profits or reducing positions. This strategic move resulted in an unrealized profit of $2.08 million. Notably, this was the whale’s first public trading activity since July.