Whale Watch: Massive Bitcoin Dump Sends Shockwaves

Crypto markets took a sharp hit when a single “whale” unloaded an eye-popping 24,000 BTC, triggering a steep drop from $117,411 to $111,178. The move spooked investors and fueled a wave of selling that rattled market sentiment. Meanwhile, Ethereum enjoyed a relatively stronger run, peaking near $4,900 in August before easing slightly. Analysts pointed to this whale activity as a key catalyst behind Bitcoin’s unexpected stumble and the shifting attention toward altcoins