Whales are dumping this crypto as market crashes

As the cryptocurrency market experiences a notable sell-off, whales have been offloading massive amounts of Bitcoin ( BTC ), contributing to bearish sentiment. Specifically, long-term holders have deposited roughly 13,000 BTC, valued at $1.48 billion, to major exchanges including Kraken , Binance , Coinbase , and Hyperliquid since October 1, according to the latest on-chain data retrieved from Arkham by Finbold on November ￰0￱ whale transaction.