Bitcoin Whales Are Dumping: But This Rare Signal Says the Bottom May Be Close
More Bitcoin is now held at a loss than profit, while retail buying continues despite whales reducing their holdings.
Crypto News·
XRP trades near $1.04 as ETF flows stay positive for June, whales withdraw more coins, and traders watch the key $1 support level.
Read full articleMore Bitcoin is now held at a loss than profit, while retail buying continues despite whales reducing their holdings.
Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity.
Nearly 1,700 UK investors have filed a £150 million (nearly $200 million) claim against Binance and founder Changpeng Zhao in London’s High Court, alleging the exchange sold them high-risk crypto derivatives it was never authorized to offer. A Decade-Old Marketing Push Under Scrutiny The claimants allege that Binance began marketing complex leveraged derivative products to […]
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Citi cut Bitcoin and Ether targets as ETF flows turned negative, lowering BTC to $82K and ETH to $2,240 amid weak demand.
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US spot Bitcoin ETFs logged record $4.5 billion in June outflows, pushing year-to-date totals to $5.5 billion, signaling an unprecedented pace of withdrawals.