Bitcoin Whales Selling Long-Term Holdings, Despite Market Trends

Willy Woo, renowned cryptocurrency analyst, has revealed that large Bitcoin holders holding over 10,000 BTC have been selling their holdings since 2017. These whales initially acquired a substantial portion of their Bitcoin at prices between $0 and $700 in the early days of the market. Over the past eight to sixteen years, they have held onto their investments with minimal trading activity.