📉 Decline of cryptocurrencies: Bitcoin drops below $114,000 after a whale caused a sudden collapse worth $310 million
The cryptocurrency markets have experienced a noticeable decline in recent hours, with the global market capitalization dropping to $3.95 trillion, a decrease of 0.89% in just 24 hours. The fear and greed index has dropped to a neutral level (50 points), reflecting a coolness in investor appetite.
🔹 Bitcoin leads the decline
🐋 A massive whale sold 24,000 BTC worth $310 million in one go.
💰 The price of Bitcoin has fallen below $114,000.
⚡ A widespread liquidation wave, especially among leveraged traders.
📊 The whale's wallets still hold 152,000 BTC.
🔹 Ethereum and altcoins are more resilient
🌐 Ethereum (ETH): Stable above $4,700 despite a decline of 0.83%, and up 10% over the week.
💠 XRP: Trading at $3.04 (-0.31%).
🔷 BNB: Stable near $877.86 after a $100 million investment from China Renaissance.
🚀 Solana (SOL): At $210.47 (-0.93%) but still up 15% over the week.
🐶 Dogecoin (DOGE): Dropped to $0.2322 (-1.54%).
⚠️ While the long-term outlook remains positive, these sudden whale movements confirm that the markets may experience sharp fluctuations at any moment.