- Bitcoin whales are sitting on $150B in unrealized gains — potential sell pressure is building fast.
- Whale wallet count is rising, hinting at strategic positioning as BTC nears key resistance levels.
Bitcoin [BTC] whales are sitting on a mountain of paper profits — nearly $150 billion worth, to be exact — their fattest stack since February.
And just like clockwork, when wallets get this heavy, the market starts to wonder: are they about to cash out?
With the number of whale wallets also ticking up, the deep-pocketed crowd may be getting ready to make waves.
Whether it’s big or small remains to be seen, but one thing’s clear — whales aren’t just swimming around for fun.
The pot is boiling over, folks!
Bitcoin whales are up nearly $150 billion in unrealized gains — marking their biggest paper windfall since February. That’s a 38% jump just in April, according to CryptoQuant.
Historically, this kind of buildup doesn’t sit still. When the $200 billion level gets close, whales tend to trim the fat, triggering sell-offs that often cool down the market.
Source: Cryptoquant
It’s a classic pattern: huge profits, followed by calculated exits. While the price of BTC has surged back above $90K, the looming question is whether these unrealized gains will stay on paper, or start turning into sell pressure.
If history is any guide, the higher these profits climb, the shakier the next leg of the rally becomes.
