TechFlow news, November 16 — According to on-chain data analyst Murphy (@Murphychen888), who posted on social media, "The only silver lining at the moment is that, amid deteriorating sentiment and spreading panic, the super whale groups holding massive amounts of筹码 remain relatively calm.
On-chain data shows that during yesterday's sharp decline, large wallets holding 1k–10k BTC realized losses of only $80 million (7D-SMA), a level significantly lower than those seen during the key correction periods in August 2024 and March 2025.
The same holds true for larger whale groups. Super whales holding 10k–100k BTC realized approximately $40 million in losses (7D-SMA) yesterday, also substantially below the loss levels of the previous two periods."




