Bitcoin Market Faces 12.5% Crash as Whales Panic
Crypto Market Breakdown
The cryptocurrency market has experienced a significant crash, dropping by 12.5%. Bitcoin whales have reacted to the turmoil by selling off 6,813 BTC. The trend suggests a panic among large holders, raising investor concerns about the future of the market.
Current Sentiment
While intraday recovery attempts occur, analysts warn investors to tread carefully. The sentiment remains bearish, leading to uncertainty in the short term.