Bitcoin Whale Sells 2,650 BTC Amid Market Concerns
May 25, 2026 at 09:05
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✦ AI Summary
- An early Bitcoin miner sold 2,650 BTC for $203 million
- CryptoQuant highlights a significant drop in spot demand
- Market watchers are alert to potential bull trap scenarios
An early Bitcoin miner has divested 2,650 BTC through institutional OTC channels, amounting to a substantial $203 million. This move raises eyebrows amid warnings from CryptoQuant regarding a notable decrease in spot demand.
Market analysts are now cautious, suggesting that this large sell-off could signal potential bull trap risks. Investors are advised to stay vigilant as the dynamics within the Bitcoin market continue to shift.
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