May 10, 2025

Whales Dump Bitcoin as BTC Price Drops Below Key $62.6K Level, Risks Further Decline

1 min read

The recent decline in Bitcoin’s price has fallen below a critical on-chain metric, sparking concern in the market. The behavior of major Bitcoin holders suggests a bearish outlook as they continue to offload their holdings. An absence of buying activity from long-term holders adds to the pessimistic sentiment surrounding Bitcoin. Discover the latest developments in

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Source: CoinOtag

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