Garrett Jin addresses 600 BTCs at $79,000

According to market data monitoring, the address of the BTC insider whale agent Garrett Jin was added to 600 BTC units at $79,000 in the early hours of 26 August, valued at approximately $47.4 million. Garrett Jin stated that Bitcoin was approaching the supply-intensive areas, with key areas still ranging from $80,000 to $8.25 million, and that the chain data showed a positive net realized average of seven days, approximately $752 million, with realized profits approaching $1.1 billion and realized losses of $354 million. Despite supply above, spot demand is inflowing. If bitcoin were to remain above $82,500, it would indicate that the switch was being completed and that the supply had been fully absorbed. On the downline, the critical level is $76,600。