Record-breaking Bitcoin whale selloff

Whales, the largest holders of Bitcoin (BTC), have been selling the most BTC ever recorded on a 30-day basis. Over the last 30 days, these whales have offloaded a total of 280,000 BTC, according to Glassnode on-chain data.

It is estimated that whales currently hold around 9 million BTC, representing a significant portion of the total BTC supply.