Markets· ★★★· bearish·

Bitcoin whales cut holdings by 8,162 BTC ahead of FOMC

  • —Whales shed 8,162 BTC worth $664 million in 24 hours
  • —Realized profit for large holders reached about $156 million
  • —About 1 million BTC sits near the $81,000 cost-basis level per URPD
  • —BTC has typically moved less than 1% in the first hour after FOMC
Why it matters: Whale de-risking into the Fed decision raises the odds of sharp volatility around $81,000.
Source: TokenPost