Odaily News According to monitoring by CryptoOnchain, on August 29, Bitcoin realized profits of nearly 4 billion dollars in a single day, marking the largest single-day profit-taking since February 2025 (excluding the anomaly of nearly 9 billion dollars on July 4). The data shows that super whales (holding over 10,000 BTC) contributed 2.17 billion dollars, large whales (1,000-10,000 BTC) realized 1.25 billion dollars, and other whales (100-1,000 BTC) cashed out 495 million dollars. CryptoOnchain pointed out that this round of concentrated profit release indicates that long-term holders are significantly cashing out due to the price rise, a behavior that typically occurs near local tops or signals a short-term market pullback or consolidation phase.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin whales took profits of nearly $4 billion yesterday, marking the largest single-day scale since February 2025.
Odaily News According to monitoring by CryptoOnchain, on August 29, Bitcoin realized profits of nearly 4 billion dollars in a single day, marking the largest single-day profit-taking since February 2025 (excluding the anomaly of nearly 9 billion dollars on July 4). The data shows that super whales (holding over 10,000 BTC) contributed 2.17 billion dollars, large whales (1,000-10,000 BTC) realized 1.25 billion dollars, and other whales (100-1,000 BTC) cashed out 495 million dollars. CryptoOnchain pointed out that this round of concentrated profit release indicates that long-term holders are significantly cashing out due to the price rise, a behavior that typically occurs near local tops or signals a short-term market pullback or consolidation phase.