Whale Waves Rock Bitcoin’s Foundation — $3.5B BTC Dump Triggers Breakdown 🌊🧊
Bitcoin has plunged below $116,000 as a silent giant awakens—one dormant whale just offloaded 30,000 BTC (~$3.5B) into the market. In total, over 80,000 BTC has flooded exchanges in recent weeks, creating a tide of intense sell pressure.
📉 Key Breakdown Signals: • Demand can't keep up: Spot ETF inflows have sharply slowed
• Volatility is up, confidence is down
• Bitcoin broke below its 7-day MA ($118.8K)
• MACD turns aggressively bearish
• $530M in long liquidations show traders getting caught on the wrong side
🧠 Bottom Line:
The whales are selling, ETF fuel is drying up, and technicals are flashing red. With Bitcoin now teetering near $115K–$116K, the market is fragile. Until liquidity returns or sentiment shifts, caution remains king. Re-entry? Only when stabilization confirms.