Bitcoin Short-Term Holder Whales Sit on Record $9 Billion Unrealized Gains

Bitcoin Short-Term Holder Whales Sit on Record $9 Billion Unrealized Gains

Bitcoin newcomer whale investors see unrealized gains spike to $9 billion in a new record, according to onchain data stretching back to 2016.

New Bitcoin whales spark sell-side risk as unrealized gains hit $9B

Bitcoin (BTC) whales have more reason to sell than at any time in Bitcoin’s recent history as their unrealized profits hit records. Key points Bitcoin short-term holder whales saw unrealized profits spike to $9 billion on Sept. 4, the largest reading ever tracked by CryptoQuant data. Profitability is sensitive to small BTC price fluctuations, falling […]

Unrealized Whale Gains Reach $9B, Raising New Bitcoin Sell-side Risks

TL;DR: Short-term whales saw unrealized profits reach a record $9.07 billion on September 4, before a sub-2% BTC decline erased 17% the next day. Their cost basis sits near $69,000, making newer whales more sensitive to price weakness and potentially quicker to realize profits if downside continues. Binance reserves rose to 691,658 BTC, while a ...

New Bitcoin Whales Are Sitting on a Record $9 Billion in Paper Gains

Short-term-holder whales have more than $9 billion in unrealized Bitcoin profit as rising exchange flows test whether buyers can keep absorbing supply.

Bitcoin STH Whale Sits at $9.07B Unrealized Profit Its Concerning?

Bitcoin STH whale profits hit a record $9.07B as BTC nears $78K, raising concerns over profit-taking and selling pressure.

Bitcoin Whale Activity Lifts $9B in Unrealized Gains, Adds Sell-Side Risk

Bitcoin’s near-term holder “whales” are sitting on paper profits at levels not seen before, and the margin for turning those gains into selling pressure is shrinking as BTC trades closer to key break-even levels. New on-chain analysis from CryptoQuant highlights both the scale of unrealized profit among short-term holders and the way quickly that profitability [...]