Early Bitcoin Whales Move 1,650 BTC ($117.87M) as BTC Slips Below $70,000

Two long-term Bitcoin holders sold more than 1,650 BTC valued at over $117.87 million on Thursday, including 650 BTC sent to Kraken and another 1,000 BTC sold by an investor from 13 years ago. The selling followed a hawkish Federal Reserve stance and coincided with BTC dropping under $70,000 and broader crypto liquidations totaling over $513 million in 24 hours.