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Bitcoin market volatility continues to intensify as major players adjust positions. Whale wallet 0xFB78 recently threw in the towel, liquidating its entire 3,846 BTC holdings worth approximately $350.4 million across all long positions. The mass exit resulted in realized losses exceeding $3.5 million for this address. Such capitulation moves from significant holders often signal shifting market sentiment and can influence broader price action in the near term.