Published Sep 9, 2026, 9:52 AM ET · Updated 2 months ago · 1 source
Whale accumulation at $60K creates concentrated profits and future sell pressure
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Original Report
Short-term whales holding over 1,000 BTC for under 155 days have accumulated at an average cost of $70K and now hold record unrealized profits of $9 billion, and this concentrated profit will create sell pressure that must be washed out before a healthier rally can continue.