Wu Blockchain reports that CryptoQuant analyst Moreno stated that Bitcoin whales who recently opened positions have collectively realized profits exceeding $1.2 billion over the past three days, marking the highest record in this group's history. On August 20 alone, they achieved a single-day profit of approximately $614 million, also setting a new historical high. Meanwhile, BTC has reclaimed the short-term whale average realized price of around $68,900. On August 23, the price briefly exceeded this cost line by about 12.8%. Moreno believes the key going forward is whether BTC can hold the $70,000 level and absorb profit-taking. If profit realization continues to surge and the price falls back below this level, the current rebound could turn into a "break-even exit" scenario for previously trapped whales. https://(wublock123.com)/news/news-67165