The post Bitcoin falls below $63K after BTC whale transactions drop 42% appeared on BitcoinEthereumNews.com.

Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has retraced below $63,000. Bitcoin whales slowed their transaction activity in the past two days, just before Bitcoin’s price slipped below $63,000. On June 23, the total number of Bitcoin whale transactions  (exceeding $100,000) was 9,923 over the previous two days, a 42% decrease from the 17,091 transactions recorded the two days prior, according to data from Santiment. The change in whale behavior comes amid the price of Bitcoin (BTC) falling from $64,685 to $63,422 and has since declined further to $62,531 at the time of publication, according to CoinMarketCap data. Read more Source: https://cointelegraph.com/news/bitcoin-price-critical-support-level-whale-transactions-btc

---

Filed under: News - @ June 24, 2024 5:20 pm