CryptoQuant: New Bitcoin whales have realized losses of $1 billion in the past two weeks

ChainCatcher news, CryptoQuant research director Julio Moreno stated that data shows new Bitcoin whales have realized losses of $1 billion in the past two weeks.

Previously, this group had made profits in Q1. Additionally, long-term holding whales realized profits in early June. The definition of long-term holding whales is as follows:

1. Average UTXO age over 155 days (if less than 155 days, they are considered short-term holding whales);
2. Balance exceeding 1000 BTC;
3. No association with CEX or mining companies.