Bitcoin Price Plunge: Analyzing Miner Reserves, Whale Transactions, and Governmental BTC Sales

The cryptocurrency market has recently experienced a sharp downturn, with Bitcoin (BTC) leading the fall to $56,700, which has subsequently impacted altcoins. In this analysis, we delve into the on-chain data and provide insights into current Bitcoin forecasts. This significant market decline raises pertinent questions about investor sentiment, miner reserves, exchange inflows, whale transactions, and

Source: CoinOtag