Bitcoin whales dump over 80,000 BTC as holdings hit 9-month low

Bitcoin (BTC) whales and large holders have sharply reduced their exposure as the cryptocurrency slid toward the $60,000 level, according to fresh on-chain data. Namely, blockchain analytics show that so-called whale and shark wallets, that is, those holding between 10 and 10,000 BTC, have been steadily reducing their exposure to the asset, judging by statistics published by crypto data intelligence platform Santiment on February 5.  Specifically, these large holders now control “only” 68.04% of the total Bitcoin supply, a nine-month low, having dumped roughly 81,068 BTC over the past eight days alone source: https://finbold.com/bitcoin-whales-dump-over-80000-btc-as-holdings-hit-9-month-low/