BTC price falls towards $68,000, market capitalization shrinks by over $60 billion.

Ethereum Foundation-affiliated address 0x5CB…22059 sold 2,000 ETH, worth $3.868 million, at a time when the price of ETH had fallen below $2,000. Since October 26, this address has sold a total of 6,785 ETH, worth $14.45 million. The address currently holds 21,247 ETH, worth approximately $41.1 million.

A whale withdrew 10,400 ETH from Binance, worth approximately $20.24 million. Over the past three months, the whale has withdrawn a total of 28,400 ETH from Binance, worth approximately $61.08 million.

Address 0x4ce…ee4a7 has withdrawn a total of 25,500 ETH from Binance since September 21, worth $60.74 million, with an average withdrawal price of $2,382.26. The address is currently in a state of unrealized loss, with a loss of $11.34 million. The profit of over $3.66 million generated from a previous buy-low-sell-high transaction has been completely wiped out.

A large transaction occurred in the Bitcoin USDT contract on Binance at 13:56, with 10,296 Bitcoins traded in a short period, amounting to $698 million, which is suspected to be a whale liquidating its position.

The price of Bitcoin fell to $68,000, and its market value shrank by more than $60 billion in a single day to $1.37 trillion, a new low in nearly three months. Over the past six weeks, Bitcoin's market capitalization has evaporated by approximately $370 billion, a 21% decrease since the beginning of October.