๐ 5% Drop in Total Cryptocurrency Market Cap Following Bitcoin and Ethereum Retreat
๐ย Massive whale sell-off triggered declines in Bitcoin $BTC and Ethereum $ETH . Total market cap fell 4.5% to $3.85T.
๐ต A whale dumped 24,000 BTC worth $2.7B, pushing price temporarily below $109,214. Ethereum also dropped to $4,405 after recently nearing $5K.
๐ต $941M in leveraged positions were liquidated in 24h.
๐ต Analysts expect Bitcoin to range between $110Kโ$120K, while Ethereum targets $4,600โ$5,200 and may lead the next growth phase.