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    Mystery Whale Sells $576M in Bitcoin as BTC Nears $80,000

    Mystery Whale Sells $576M in Bitcoin as BTC Nears $80,000

    Key TakeawaysA whale sold 7,700 BTC (about $576.6 million) between August 19 and 22.Bitcoin currently trades near $77,000, up more than 20% for the week.The sale follows a 43,000 BTC whale accumulation wave that ended last week. Whale Offloads $577 Million in Three...
    Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion

    Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion

    Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per operation.Automated liquidation engines force-closed 172,108 short positions earlier this week, the worst since 2021.Traders are now watching whether...
    Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion

    Bitcoin Jumps $10,000 in a Week as Shorts Lose $3 Billion

    Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per operation.Automated liquidation engines force-closed 172,108 short positions earlier this week, the worst since 2021.Traders are now watching whether...
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