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Over $903M Bitcoin Moves Amid Price Drop

1/11/2025

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Summary

Story summary

Whale Alert tracked over $903 million in Bitcoin transactions within 24 hours.
Major exchanges involved include Kraken, Binance, and Robinhood, with transfers between unknown wallets.
Bitcoin's price decreased by 0.83%, currently at $94,507, below its peak of $108,268.
Long-Term Holders are distributing BTC slowly, with no supply in loss.
Historical data shows distribution peaks may not correlate with price declines.

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Story summary

Whale Alert tracked over $903 million in Bitcoin transactions within 24 hours.
Major exchanges involved include Kraken, Binance, and Robinhood, with transfers between unknown wallets.
Bitcoin's price decreased by 0.83%, currently at $94,507, below its peak of $108,268.
Long-Term Holders are distributing BTC slowly, with no supply in loss.
Historical data shows distribution peaks may not correlate with price declines.