▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
According to recent data, Bitcoin has fallen 7% in 24 hours. This decline indicates the onset of the asset’s selloff. For the first time in more than a week, Bitcoin has gone under $33k as the bears become dominant in the market.
Ever since Bitcoin reached its all-time high, a trend has been observed where whales have been stocking up on Bitcoin at every price retracement. Experts also noticed an increase in deposits across exchanges from whales, indicating a potential desire to trade or sell BTC at or below the $30k-$40k threshold.
0:00 Intro
0:21 Whales selling off BTCs
1:25 Interest from institutional investors
2:36 Bitcoin’s future
3:11 Outro
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▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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