The post Largest Bitcoin Sell-Off Of 2025 – 79.3K BTC Sold At A Loss In 24 Hours appeared on BitcoinEthereumNews.com.

Bitcoin experienced its biggest price drop in recent days, finally breaking out of the price compression that had been building since early February. After weeks of sideways trading and uncertainty, BTC lost weekly support around the $90K level, sending shockwaves through the market. This drop has fueled speculation about a potential bear market, with investors fearing further downside. Market sentiment is turning increasingly bearish as selling pressure accelerates. CryptoQuant analyst Axel Adler shared key on-chain data revealing that in the last 24 hours, 79.3K BTC were sold at a loss on exchanges. This is a clear sign of panic selling, with short-term holders capitulating as prices decline. Despite the negative outlook, analysts remain divided on whether this is just a short-term correction or the beginning of a longer bearish phase. The next few days will be crucial as BTC attempts to find strong support and determine its next major move. Will bulls step in to defend key levels, or is Bitcoin set for an even deeper decline? All eyes are now on BTC’s ability to reclaim lost ground. Bitcoin Faces Heavy Sell-Off Bitcoin is trading below its mid-November highs, which were set post-election when President Trump’s victory was announced. Since then, BTC has been on a steady decline, and now, fear has taken over the market as prices keep retracing. Speculation about a potential bear market is growing, with many investors worried that Bitcoin’s bull run could be coming to an end. Analysts and traders remain cautious as BTC attempts to reclaim key levels and reverse the bearish trend that has defined price action in recent weeks. So far, Bitcoin has struggled to find strong support, making investors anxious about whether further declines are coming. To add to this uncertainty, Adler’s data reveals that the 79.3K BTC sold at a…

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Filed under: News - @ February 27, 2025 1:24 am