Analyst: New Whale Cohort Realizes $1.2 Billion Profit in Three Days, Setting Record High

August 25 news, CryptoQuant analyst MorenoDV stated that after Bitcoin rebounded above the short-term whale realized price (approximately $68,900), the new whale cohort realized over $1.2 billion in profits within three days, setting a record high for the largest profit-taking event in this cohort's history, with a single-day figure of $614 million on August 20 also hitting an all-time high. He noted that new whale positions had been in a loss-making state for months, and this rebound allowed them to exit at breakeven or profitable levels. If BTC can hold above the approximately $70,000 whale cost basis and profit-taking normalizes, it indicates that new demand is successfully absorbing supply; if the price falls back below this level, the rebound may only be a breakeven exit move. The key lies in whether subsequent demand can absorb the currently released supply.