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Best Presales to Buy Before Whale Profit-Taking Subsides

2025-07-04 04:16:18

Best Presales to Buy Before Whale Profit-Taking Subsides

Description

After making an all-time high of $112K, $BTC seems to have lost some steam. It’s now consolidating around the $110K mark. Data from CryptoQuant shows that this might be due to profit booking by new whale accounts. These whale addresses have booked $3.21B in profits as compared to only $679M by older wallets. Since April 20, 82.5% of profits booked in $BTC belong to newer wallets. The average cost of those booking profits is around $91.9K. It seems like new Bitcoin investors who ‘bought the dip’ ...

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