In February, large Bitcoin holders realized less profit compared to January. Let's delve into current market conditions and the impact on major players' strategies.
Reduced Profit in February
According to the report, earlier in the year, large BTC holders realized approximately $3 billion in profits. However, profits have decreased this February compared to January.
Huge Profits in January - What Changed?
At the start of the year, BTC was priced at $93,569.38, with the market climbing rapidly by 9.25%. However, after some fluctuation, prices reached significant levels by the end of January, offering profit-taking opportunities for major holders. Overall, in January 2025, the BTC market grew by 9.54%.
Bitcoin Price Stability and Whale Strategies
Despite lower profits in February, the market did not experience significant falls. Prices remain stable above $90,000, indicating controlled selling pressure from large holders. The conditions suggest long-term confidence in BTC's value.
If large Bitcoin holders maintain confidence and refrain from aggressive selling, strong price levels can be expected to persist.
