Bitcoin Sinks as Whales Dump $2B in BTC and Miners Sell 5K Coins; Analyst Warns of Further Drop to $33K
-
Bitcoin whales sold about $2.2 billion worth of BTC (60,000 BTC) in the past week as price hit $38K.
-
Bitcoin miners have also unloaded about 5,000 BTC worth $175 million in recent weeks.
-
Trader warns Bitcoin could drop to $33K as a TD Sequential indicator flashed a bearish signal.
-
Trader says Chainlink likely poised for a significant pullback as TD Sequential showed bearish signals.
-
At writing, Bitcoin was $36,415 and Chainlink was $14.54.