Bitcoin plummeted below $112,000 as heightened selling activity from whales and short-term holders triggered a significant spike in exchange inflows, threatening extended market declines. Market data confirms over 40,000 BTC recently moved to cryptocurrency exchanges at a loss, with whale… Read More »Bitcoin Whale Selling Intensifies as BTC Slides Below $112K, Signaling Extended Bearish Pressure
Bitcoin (BTC) is testing pivotal support levels near $114,000 amid heightened market fluctuations, with technical indicators signaling potential further losses down to $112,000. The cryptocurrency has declined approximately 3% over the last 24-hour period, brushing against a key technical support… Read More »Bitcoin Tests Critical $114,000 Support Amid Volatility, Risk of Decline to $112,000
Bitcoin faces potential selling pressure as exchange-traded fund (ETF) outflows and investor profit realization contribute to heightened short-term correction risks after its recent rally to a new all-time high. Recent data indicates a significant shift in Bitcoin ETF flows, with… Read More »Bitcoin Correction Risks Increase Following ETF Outflows and Profit-Taking
Significant Bitcoin transfers by large holders and elevated profit-taking metrics suggest a potential short-term price correction. Wallets holding between 1,000-10,000 BTC (whales) and those with over 10,000 BTC (mega whales) recently moved approximately 50,200 BTC onto exchanges, indicating mounting sell-side… Read More »Bitcoin Whale Activity and Profit-Taking Signal Potential Short-Term Dip Below $120K