A Bitcoin whale sold 24,000 BTC, causing a flash crash, but still holds over $17 billion worth. This led to liquidations, pushing BTC to support around $113,000. A single whale sold 24,000 BTC on Sunday, valued at $2.7 billion, triggering a $4,000 crash in minutes. However, they still hold 152,874 BTC, valued at more than $17 billion. According to an analyst, the entity liquidated their entire 24K BTC balance to Hyperunite; these coins were untouched for 5+ years. On Sunday, 12,000 BTC was sent to Hyperunite. BTC slipped below $112,700 amid whale sell-offs. It requires $110,000+ in new capital to absorb each BTC sold. Some Bitcoin holders are swapping BTC for ETH. A whale sold 18,142 BTC ($2.04 billion), rotating into Ethereum. Two entities bought 416,598 ETH ($1.98 billion), and 275,500 ETH ($1.3 billion) has been staked. Another whale sold 670 Bitcoin ($76 million) to open a long ETH position. This caused a panic, and other traders amplified the crash.