CandleFocus

$213 Million Bitcoin (BTC) Dump Stuns Largest US Crypto Exchange

Bitcoin's bullish trend may be at risk as whales are making negative moves, selling their holdings and putting pressure on the market. One whale has transferred 3,333 BTC to Coinbase, indicating they plan to sell the coins for profit. While selling pressure has caused a minor dip in Bitcoin's price, it is still holding at $64,058, a crucial level it needs to maintain. Despite the selling pressure, Bitcoin's ability to stay above this range is seen as a positive sign.

Related News