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Bitcoin Faces Pressure as Whales and Institutions Pull Back

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Whales' Bitcoin holdings decrease

Bitcoin’s recent price action has come under significant pressure, with the cryptocurrency falling to the $110,000 level after a sharp sell-off. This decline was triggered by a “whale” — a large holder of Bitcoin — offloading nearly 24,000 BTC, which resulted in a cascade of liquidations totaling over $550 million. This move, combined with growing …

The post Bitcoin Faces Pressure as Whales and Institutions Pull Back appeared first on Cryptoknowmics-Crypto News and Media Platform.

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