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Bitcoin Whales Are Taking Profits, Cashing In $1.2 Billion in 2 Weeks: Analyst
“In US dollar terms this profit-taking is unprecedented,” said CryptoQuant Head of Research Julio Moreno in a message to Decrypt. He said only comparable time was when Bitcoin traded at $40,000 in April 2022, and old whales took $683 million profits in one day.