Bitcoin Whales Dumping! Price Crashes Below $80K!
Bitcoin is facing a major sell-off, driven by large-scale liquidations from whales, leading to heightened market uncertainty. Over the past week, Bitcoin plunged from $95,700 to below $80,000, marking one of its steepest declines in recent months. During this period, a staggering 6,813 BTC was offloaded, making it the largest single-week exit since July.
Retail investors—especially newcomers—are feeling the heat as the market sentiment turns increasingly bearish. This wave of selling pressure isn’t just causing short-term losses; it's also raising concerns about Bitcoin’s long-term stability.
$2.16 Billion in Realized Losses!
Between February 25 and 27, total realized losses surpassed $2.16 billion, delivering a significant blow to investor confidence. Shockingly, $927 million of these losses occurred in a single day, highlighting the extreme market turbulence.
Many traders who entered during Bitcoin’s latest rally are now facing massive setbacks, discouraging potential new entrants and reinforcing negative market sentiment. If whale-driven sell-offs continue, Bitcoin’s price volatility could intensify, making the road to recovery even more uncertain.
