Bitcoin Whale Ends Staking Cycle With $25M Loss: A Journey From Peak To Loss

Bitcoin Whale Transfers $74M Back to Binance, Ends Month-Long Process with $25M Loss: A Deep Dive into Market Volatility and Liquidity Impact - The Blockopedia

In the volatile world of cryptocurrency, a Bitcoin whale concluded a substantial transaction, transferring 800 BTC, equivalent to $74 million,… The post Bitcoin Whale Transfers $74M Back to Binance, Ends Month-Long Process with $25M Loss: A Deep Dive into Market Volatility and Liquidity Impact appeared first on The Blockopedia.

Bitcoin Whale Ends Staking Cycle With $25M Loss: A Journey From Peak To Loss

A Bitcoin whale finished an extended cryptocurrency transaction by transferring 800 BTC worth $74 million back to Binance, according to recent blockchain information. This final deposit, made three hours ago, marks the end of a month-long process of unstaking and offloading 2,000 BTC that came from Binance withdrawals between April 10-12, 2024, when Bitcoin was trading at nearly $98,896. With that price, the whale originally invested $197.8 mill…