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🐋 WHALE WATCH: Nakamoto Inc just pulled the ultimate Buy High Sell Low.
=> Sold: 284 $BTC
=> Value: $20000000
=> Purchase Price: ~$118000
=> Sale Price: ~$70422
=> Net Loss: 40% ($13M+ flushed)
They are selling to fund acquisitions and pay off high interest debt while the rest of the market is accumulating.
Is this a massive bear signal for the industry or just one company total failure in risk management ?