- Bitcoin whales are at $ 150 billion in non -realized profits -potential sales pressure is quickly building.
- The number of whale wallets is increasing and indicates strategic positioning because BTC is approaching the most important resistance levels.
Bitcoin [BTC] Whales are on a mountain of paper profits – worth almost $ 150 billion to be precise – their thickest stack since February.
And just like timepiece, when portfolios get heavy, the market starts to wonder: are they about to cash in?
With the number of whale portfolios that is also tapping, the deep pocket-mixture may be ready to make waves.
Whether it is big or small, still to be seen, but one thing is clear – whales are not just swimming around for fun.
The pot cooks over, people!
Bitcoin -Walvissen have almost $ 150 billion in non -realized profits rose -which marks their biggest papers since February. That is a jump of 38% just in April, according to Cryptuquant.
Historically, this kind of structure is not standing still. When the level of $ 200 billion comes in the area, whales tend to cut the fat, which activates the sale that often cool down the market.
Source: Cryptuquant
It is a classic pattern: enormous profit, followed by calculated outputs. Although the price of BTC has risen back above $ 90k, the threatening question is whether these non -realized profits will remain on paper or start to be in sales pressure.
If history is a guide, the higher this win will climb, the unemployed the next stage of the rally becomes.