Whale selling indicates short-term selling pressure remains, but it looks more like high-level position rotation than a trend reversal. Don’t chase shorts; wait for spot demand to confirm.$BTC $ETH
Flash: Bitcoin whale group reduced holdings by 34,000 BTC over the past week
BlockBeats reports, November 11: According to analyst alicharts, Bitcoin fell from $79,000 to below $73,000 over the past week, while large holders reduced their holdings by more than 34,000 BTC, worth approximately $2.6 billion. During the same period, Ethereum whales also continued to reduce their holdings, though at a relatively slower pace. The group sold approximately 17,800 ETH over the past week, worth about $40 million at recent prices.
$BTC
Flash: Bitcoin whale group reduced holdings by 34,000 BTC over the past week
BlockBeats reports, November 11: According to analyst alicharts, Bitcoin fell from $79,000 to below $73,000 over the past week, while large holders reduced their holdings by more than 34,000 BTC, worth approximately $2.6 billion. During the same period, Ethereum whales also continued to reduce their holdings, though at a relatively slower pace. The group sold approximately 17,800 ETH over the past week, worth about $40 million at recent prices.
$BTC