Whales dump 49,000 BTC to exchanges as $60K rebound stalls
The $60K retest failed, and 49,000 BTC of whale deposits hit order books within days, putting a $49K cycle-low framework back on the table for the first time since the early-year lows.
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The $60K retest failed, and 49,000 BTC of whale deposits hit order books within days, putting a $49K cycle-low framework back on the table for the first time since the early-year lows.
A CryptoQuant analyst flagged the largest spike in exchange-bound BTC transfers since the 2023 bear market, with deposit addresses absorbing supply that, if sold, would crush an already fragile tape.