Bitcoin whale holdings dwindle to lowest levels since 2018 amid significant profit-taking

Bitcoin’s largest investors are steadily reducing their exposure, with data showing a direct link to profit-taking during the recent rally. Glassnode reported on Sept. 3 that wallets holding between 100 and 10,000 BTC now average just 488 BTC—the lowest level since December 2018 source: https://cryptoslate.com/insights/bitcoin-whale-holdings-dwindle-to-lowest-levels-since-2018-amid-significant-profit-taking/