Whales drive Bitcoin’s third profit-taking wave as WeWake Presale Crypto launches its whitepaper and powers walletless adoption.
- Bitcoin whales spark a third profit-taking wave as billions in realized gains coincide with heavy market distribution.
- WeWake Presale Crypto grows as walletless and gasless onboarding attracts users during Bitcoin’s profit-taking phase.
- Bitcoin whales continue selling while WeWake Presale Crypto advances, supported by its live whitepaper and expanding adoption.
Bitcoin whales are selling again as the price fails to hold above $120,000, creating the third profit-taking wave of this market cycle. On-chain data shows billions in realized gains as both new and old whales move funds. Meanwhile, the WeWake Presale Crypto is in its fifth stage and is gaining attention with its live whitepaper and promise of walletless, gasless Web3 onboarding.
Bitcoin Whales Trigger New Distribution Phase
Bitcoin selling pressure has risen with new whale activity. These whales, according to CryptoQuant, sold large holdings once Bitcoin crossed $120,000. On-chain data shows realized profits between $6 billion and $8 billion in late July. These levels were also seen at local peaks in March and December 2024.
Source: CryptoQuant/X
“New whales are taking profits as Bitcoin reached new highs,” CryptoQuant stated. These entities hold at least 1,000 BTC and often include institutions or corporations. Their actions follow two earlier profit-taking waves linked to ETF launches and political events.
Older whales have also been active. A dormant entity from the Satoshi Nakamoto era sold 80,000 BTC through Galaxy Digital. The $9.7 billion sale was routed across major exchanges such as Binance and Coinbase. Bitcoin dropped by 4% briefly but quickly recovered as demand remained strong.
80k BTC fully digested. The chop is almost over. pic.twitter.com/z3zInSy0BC
— Vijay Boyapati (@real_vijay) July 28, 2025
WeWake Presale Crypto Gains Attention
The WeWake Presale Crypto is attracting users because it removes wallets and gas fees. This walletless and gasless Layer 2 solution uses smart wallets and Paymaster APIs to simplify onboarding. WeWake is in its fifth presale stage at $0.0160 and has released its whitepaper for public review.
The platform uses zk-rollup scaling and ERC-4337 wallets for faster and easier blockchain access. Users can log in with Google or Telegram without seed phrases or extensions. “WeWake makes crypto onboarding instant,” the team stated in its announcement. This model is designed to attract both developers and non-technical users.
The presale crypto event will also help fund its ecosystem and speed up its roadmap. WeWake plans to launch its testnet by Q4 2025 and mainnet by Q2 2026. Early buyers of the presale crypto can also access staking rewards and governance rights.
Walletless Onboarding Through WeWake
WeWake Presale Crypto is introducing features aimed at mass adoption. The built-in Paymaster system covers gas fees for users, enabling cost-free transactions. This approach is designed to support DeFi, NFTs, and Web2 integrations without technical barriers.
Developers can integrate WeWake through its SDK to enable fast onboarding in their dApps. Its walletless model and zero-gas network reduce friction and expand user access. As the presale crypto moves forward, the platform is also preparing ecosystem grants for new projects.
With its whitepaper now live, WeWake is inviting both users and developers to explore its technology. The team confirmed that the presale crypto is expected to play a central role in this growth phase.
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Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/whales-drive-third-wave-of-bitcoin-profit-taking-as-wewake-presale-crypto-powers-adoption/