Bitcoin (BTC) Faces Selling Pressure From Long-Term Holders and Whales as Miner Reserves Decline

The crypto market faced significant turbulence last week, with Bitcoin (BTC) experiencing a dramatic drop of over 6% in value. U.S. spot Bitcoin exchange-traded funds (ETFs) saw a reversal in their 20-day inflow streak, leading to significant outflows. According to Bitfinex’s latest Alpha report, this sell-off was driven by long-term holders, whales, and miners. Stay

Source: CoinOtag