Bitcoin Whales Just Realized $2.6B In Profit, Is the Market About to Crack or Soar?

Bitcoin Whales Just Realized $2.6B In Profit, Is the Market About to Crack or Soar?


Bitcoin remains within a relatively tight range, struggling to gain sufficient momentum to break the $110,000 mark. At the time of writing, the leading crypto by market cap trades at $106,437, down 1.1% over the past 24 hours and nearly 4.8% below its May all-time high.

The current consolidation range between $105,000 and $107,000 has prompted close monitoring of market behavior, especially from whales and long-term holders (LTHs), as the market attempts to find its next direction.

Bitcoin Whales Lead Market Activity as Profit Realization Surges

Recent data from CryptoQuant suggests that a significant shift in realized profits on Binance may be influencing short-term price trends. CryptoQuant analyst Crazzyblockk highlighted a major event

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