Whales Add Downside Pressure

[kevin1]

BTC/USD daily chart. Source: Cointelegraph/TradingView

CryptoQuant data shows LTH supply has fallen by 761,000 BTC over the past month, while whales sold roughly $2.78 billion worth of BTC during the same period. This sustained distribution suggests rising fear of further downside and reinforces near-term bearish momentum.

[Nahid Hossen]

Whale-driven selling often creates short-term volatility.