Bitcoin Price Prediction: BTC Rebounds 8% From $60K As Whales Offload 81K BTC
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- Bitcoin gains 8% to $64,670 after touching $60,001, its lowest since October 2024, as whale holdings drop to a nine-month low at 68.04% of supply.
- Spot outflows reach $91.36 million on February 6, part of nearly $1 billion in outflows over three days as institutional ETF withdrawals accelerate.
- Recovery requires reclaiming $77,950, while a close below $60,000 opens downside toward the $54,469 support zone.
Bitcoin price today trades near $64,670 after rebounding from a session low at $60,001 that marked the first time below $65,000 in over a year. The bounce comes as whale wallets dump 81,068 BTC in just eight days, pushing large holder supply to a nine-month low while retail investors aggressively accumulate.
Whales Dump 81,000 BTC As Large Holder Supply Hits 9 Month Low
Santiment data reveals a dramatic shift in Bitcoin ownership structure. Whale and shark wal…
Read The Full Article Bitcoin Price Prediction: BTC Rebounds 8% From $60K As Whales Offload 81K BTC On Coin Edition.
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Coins
$ 70.33K
+6.26%
$ 0.00248
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In This News
Coins
$ 70.33K
+6.26%$ 0.00248
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Bitcoin Price Prediction: BTC Rebounds 8% From $60K As Whales Offload 81K BTC
Share:
- Bitcoin gains 8% to $64,670 after touching $60,001, its lowest since October 2024, as whale holdings drop to a nine-month low at 68.04% of supply.
- Spot outflows reach $91.36 million on February 6, part of nearly $1 billion in outflows over three days as institutional ETF withdrawals accelerate.
- Recovery requires reclaiming $77,950, while a close below $60,000 opens downside toward the $54,469 support zone.
Bitcoin price today trades near $64,670 after rebounding from a session low at $60,001 that marked the first time below $65,000 in over a year. The bounce comes as whale wallets dump 81,068 BTC in just eight days, pushing large holder supply to a nine-month low while retail investors aggressively accumulate.
Whales Dump 81,000 BTC As Large Holder Supply Hits 9 Month Low
Santiment data reveals a dramatic shift in Bitcoin ownership structure. Whale and shark wal…
Read The Full Article Bitcoin Price Prediction: BTC Rebounds 8% From $60K As Whales Offload 81K BTC On Coin Edition.
In This News
Coins
$ 70.33K
+6.26%$ 0.00248
Share:
In This News
Coins
$ 70.33K
+6.26%$ 0.00248
Share:
Read More
Crypto Crowd Is Bearish, BTC Leads Rebound: Is It a Dead-Cat-Bounce?