Bitcoin Whales Offset $5.7 Billion Sell-Off, Push Price To New All-Time High

Bitcoin has surged to a new all-time high (ATH) over the past 24 hours, nearly breaking through the $112,000 barrier.   This rise follows a positive trend since the beginning of the month, bolstered by whales who have maintained their positions despite substantial selling activity from other investor groups.   Bitcoin Holders Sell, Whales Hold The current market sentiment reveals that different cohorts of Bitcoin holders are in distribution mode. Retail holders, particularly those with 1–10 BTC, have been selling, contributing to the increased supply on the market source: https://beincrypto.com/bitcoin-whales-offset-sell-off-price-hits-new-high/