Bitcoin plunged after a whale sold 24,000 BTC worth $2.7B. Despite the sell-off, the entity still holds 152,874 BTC valued at $17B.
Bitcoin shrimp are shitting themselves. Grok was asked to wargame what would happen if the whale sold the remaining 152,000 BTC in their wallet at market. It estimated that a complete exit could leave Bitcoin between $79,000 and $90,000.