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Bitcoin whale sells 625 BTC at $20M loss amid weak market, but long-term holders hold steady.

Market News
30 Jul 2026
AMBCrypto
View Source
Bearish
pluang ai news

A Bitcoin whale who had been inactive for over a year sold 625 BTC worth $39 million, realizing a $20 million loss due to the drop from $96k to current prices around $64k. Despite this large sale, long-term Bitcoin holders are not selling much, showing strong conviction as selling pressure remains low. Bitcoin’s price remains range-bound below $66k with bearish indicators suggesting potential further downside. The market awaits a close above $66k to signal recovery, but sentiment remains cautious.

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