Bitcoin’s Downward Spiral: Major Sell-Off Pushes Price Lower
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BTC plunges below $58,000 as whales and governments sell off
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While large holders appear to be cashing out, the broader investor base remains optimistic, viewing the lower prices as an attractive entry point.
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Blockchain analyst Lookonchain recently identified a whale that sold a staggering 3,500 BTC for $206 million within just five hours on the Binance exchange
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