BTC Whales Engage in Large-Limit Sell Orders Totalling $1.216 Billion

Recent market activity has shown a notable trend among major cryptocurrency holders. According to the PRO major orders list, significant transactions have been made by BTC whales over the past 24 hours.

The total transaction data indicates that these large-limit sell orders, totaling $1.216 billion USD, were placed. This is in contrast to buys, which amounted to $409 million USD, resulting in a net difference of -$398 million USD for Bitcoin (BTC).

Similar trends are observed with Ethereum (ETH), where the total transactions reached $1.233 billion USD, consisting of $484 million USD in buys and $749 million USD in sells. This results in a net transaction difference of -$266 million USD.

The data suggests that main holders are positioning themselves at key price levels for both BTC and ETH, with a net limit order difference of $699 million USD for BTC and $311 million USD for ETH. The largest single order amount for BTC was $34.7453 million USD, while the largest single order amount for ETH was $22.5174 million USD.