Whale Address Sells 1,019 BTC Worth $66.4M in Latest Batch

Whale Address Sells 1,019 BTC Worth $66.4M in Latest Batch

N
News Editor
2026-08-10 00:28:08
A whale address sold 1,019 Bitcoin valued at approximately $66.4 million seven hours ago, according to on-chain monitor @lookonchain. Over the past three weeks, the same address has offloaded a cumulative 7,513 BTC totaling roughly $486.9 million, suggesting the holder may be rebalancing its asset allocation.
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A whale address sold 1,019 Bitcoin — worth approximately $66.4 million — seven hours ago, according to on-chain tracking account @lookonchain. Over the past three weeks, the same address has offloaded a cumulative 7,513 BTC, totaling roughly $486.9 million.

The transaction extends a recent pattern of steady selling, suggesting the holder may be adjusting its asset allocation strategy. Given the size of the transfers, market participants are closely watching the address for further moves.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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