Bitcoin whales realize $386M in losses in a single day: CryptoQuant
Crypto Briefing
Bitcoin whales realized $386 million in losses in one day, signaling shifting market sentiment.Summary
According to data from CryptoQuant, Bitcoin whales realized $386 million in losses in a single day, marking one of the largest recorded single-day loss realizations by new whales. This capitulation occurred after Bitcoin dropped from above $94,000 to $90,000 following the US Federal Reserve's decision to lower interest rates by 25 basis points. Despite the rate cut generally favoring risk assets, concerns about future economic conditions and potential inflation around the 2026 US election are applying pressure to Bitcoin, which was trading near $90,000 at press time.
(Source：Crypto Briefing)