Bitcoin Price Plummets as Whales Dump $540M Worth of Holdings
Bitcoin's value has plunged from $95,700 to below $80,000 following a massive selloff by major holders, marking the largest whale dump since July 2023. The market downturn triggered over $2.16 billion in realized losses, with new investors particularly impacted.
Bitcoin Price Could Plunge to $77,000 Before Bull Market Resumes, Says CryptoQuant CEO
CryptoQuant CEO Ki Young Ju forecasts a potential 30% Bitcoin price correction to $77,000, citing historical patterns and institutional entry points. Despite near-term bearish outlook, analysts remain optimistic about long-term growth potential following the April 2024 halving.
Bitcoin's Institutional Strength: Coinbase Flow Pulse Signals Bullish Momentum Despite Market Volatility
Analysis of Bitcoin's Coinbase Flow Pulse metric reveals strong institutional accumulation despite recent price swings between $96,000-$100,000. The absence of large-scale outflows suggests major players are maintaining positions, painting an optimistic longer-term outlook despite short-term uncertainties.
Ethereum Price Surge: Analysts Project $4,500 Target by Mid-March
Leading cryptocurrency analysts forecast Ethereum reaching $4,500 by mid-March, supported by technical indicators and institutional interest. BlackRock's recent acquisition of over 24,000 ETH and surging trading volumes signal growing market confidence despite January's price decline.
Crypto Trader's $1 Million Meme Coin Windfall Raises Market Manipulation Concerns
A trader turned $1,500 into $1 million in just three hours trading JellyJelly meme coin, sparking intense debate about market manipulation and insider trading. The sophisticated trading pattern and precision timing have experts worried about cryptocurrency market stability and potential regulatory scrutiny.