Bitcoin Price Down 28% As Whale Inflows Hit Highest Level in Months

Bitcoin Price Down 28% As Whale Inflows Hit Highest Level in Months

The post Bitcoin Price Down 28% As Whale Inflows Hit Highest Level in Months appeared on BitcoinEthereumNews.com. Key Insights: Bitcoin price dropped 28% in February as the Binance whale inflow ratio surged to 0.62, signaling sell pressure. Standard whale entities holding 1,000+ BTC fell from 1,296 to 1,285, showing distribution. Mega-whale addresses holding 10,000+ BTC rose from 85 to 89, absorbing supply and preventing collapse. Bitcoin price …

Bitcoin Sees Increased Whale Accumulation Despite Price Instability

Bitcoin whales are buying the dip as holdings jumped 3.4% in two months amid expectations of a breakout.

New Bitcoin whales are trapped underwater, but for how long?

Bitcoin’s (BTC) price continued to consolidate near $68,000 on Tuesday, but sustained weakness below this level may generate additional sell pressure from the newest cohort of large holders. While the long-term whales remain in profit, short-term whales are sitting on sizeable unrealized losses. One analyst highlighted how this pressure may impact BTC’s price, as other indicators point to a continued downtrend. Key takeaways: The short-term Bit…