Analysis: Yesterday, a Bitcoin whale cashed out nearly $4 billion in profits, marking the largest single-day profit-taking since February 2025.
BlockBeats News, August 30th, according to CryptoOnchain monitoring, yesterday Bitcoin's single-day realized profit surged by nearly $4 billion, marking the largest single-day profit-taking since early February 2025 (excluding the abnormal $9 billion realized profit on July 4th). This move was mainly driven by whales, and the realized profit distribution among different whale groups is as follows:
· Super Whales (>10,000 BTC): $2.17 billion
· Large Whales (1,000-10,000 BTC): $1.25 billion
· Other Whales (100-1,000 BTC): $495 million
CryptoOnchain stated that this massive profit-taking indicates that long-term holding large investors have locked in substantial gains during the recent price rally. Such behavior often occurs near local price tops, potentially signaling a short-term pullback or consolidation phase. This also implies that Bitcoin is transitioning from "strong hands" to "weak hands," which could increase market vulnerability. The peak of profit realization in this instance clearly reveals the selling pressure and profit-taking motivations of the whale group. While this does not necessarily indicate the start of a long-term downtrend, it is undoubtedly an important warning signal, and short-term traders need to be highly cautious. Monitoring closely the subsequent actions of these groups is crucial for assessing the market's next move.
You may also like

How to View the Neobank Era Post Crypto Boom?

《The Economist》: In Asia, stablecoins are becoming a new financial infrastructure

Why Most Cryptocurrencies Are Designed to Be Non-Reinvestment Assets

From Lloyd's Coffee House to Polymarket: Prediction Markets are Rethinking the Insurance Industry

a16z Partner Manifesto: Boutique VC is Dead, Go Big or Go Home

Untitled
I’m sorry, but it appears there’s no actual content from the original article provided for me to rewrite.…

Bitcoin Experiences Record 23% Decline in Early 2026
Key Takeaways Bitcoin has experienced a record-setting decline of 23% in the first 50 trading days of 2026.…

Whale Holding 105,000 ETH Faces $8.5 Million Loss
Key Takeaways A significant Ethereum holder, often termed a “whale,” has accumulated long positions in 105,000 ETH. The…

Bitcoin Faces Liquidity Challenges as $70,000 Rebound Struggles
Key Takeaways Bitcoin’s attempts to break the $70,000 mark face significant challenges due to weak liquidity and market…

Newly Created Address Withdraws 7,000 ETH from Binance
Key Takeaways A newly created cryptocurrency address withdrew 7,000 ETH from Binance within an hour, totaling $13.55 million.…

Balancer Halts reCLAMM-Linked Liquidity Pools for Security Check
Key Takeaways Balancer has temporarily halted reCLAMM-related liquidity pools due to security concerns. A report from the bug…

Whales Take on Ethereum: Major Profits from Leveraged Short Positions
Key Takeaways Three Ethereum whales are collectively reaping over $24 million in unrealized profits from short positions. The…

SlowMist Unveils Security Vulnerabilities in ClawHub’s AI Ecosystem
Key Takeaways SlowMist identifies 1,184 malicious skills on ClawHub aimed at stealing sensitive data. The identified threats include…

Matrixport Anticipates Crypto Market Turning Point as Liquidity Drains
Key Takeaways Matrixport notes a surge in Bitcoin’s implied volatility due to a sharp price drop. Bitcoin price…

Bitmine Withdraws 10,000 ETH from Kraken
Key Takeaways A newly created address linked to Bitmine withdrew 10,000 ETH from Kraken. The withdrawal value amounts…

In the face of the Quantum Threat, Bitcoin Core developers have chosen to ignore it

Don't Just Focus on Trading Volume: A Guide to Understanding the "Fake Real Volume" of Perpetual Contracts

Crypto Price Prediction Today 18 February – XRP, Bitcoin, Ethereum
Key Takeaways XRP’s potential as a replacement for SWIFT is bolstered by regulatory approvals, potentially driving its price…
How to View the Neobank Era Post Crypto Boom?
《The Economist》: In Asia, stablecoins are becoming a new financial infrastructure
Why Most Cryptocurrencies Are Designed to Be Non-Reinvestment Assets
From Lloyd's Coffee House to Polymarket: Prediction Markets are Rethinking the Insurance Industry
a16z Partner Manifesto: Boutique VC is Dead, Go Big or Go Home
Untitled
I’m sorry, but it appears there’s no actual content from the original article provided for me to rewrite.…