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Bitcoin, Ether, XRP Face September Test After Biggest Whale Distribution in Years
Yahoo Finance· 2025-09-09 17:46
Bitcoin (BTC) held just under $112,000 on Monday as traders weighed the largest whale sell-off in more than two years against signs of long-term accumulation and resilient altcoin performance. On-chain trackers at CryptoQuant have flagged over 100,000 BTC — worth approximately $12.7 billion — as exiting major wallets in the past 30 days. Analyst caueconomy called it “the largest coin distribution this year,” noting that whale reserves fell by 114,920 BTC, pushing spot prices briefly below $108,000 last we ...