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Bitcoin’s $70 Million Whale Sell-Off Sparks Market Panic

  • A 2009 Bitcoin whale has sold $4.8 million worth of BTC, moving $624,000 to Kraken.
  • The whale holds 1,149 BTC worth $69.94 million and is selling 10 BTC twice weekly.
  • Bitcoin dropped 2.45% as market analysts view the whale’s activity as a bearish signal.
  • Whale's decision to sell now raises questions about market downturn or cashing in on over a decade of Bitcoin holdings.

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