Here’s Why The Bitcoin Price Is Crashing – The OGs Are Selling
With the Bitcoin price falling below $110,000 and the crash continuing to deepen, some revelations have surfaced about why this is happening at this time. Fingers had initially pointed to the bearish macro headwinds as the crypto market got caught in the crosshairs. However, on-chain data shows that it may be much simpler than that, […]
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Crypto pundit Ardizor has alleged that several crypto firms appear to be dumping Bitcoin, which is why the BTC price keeps crashing. The leading crypto had crashed over the weekend but is now recovering on hopes of a U.S.-Iran deal. Why The BTC Price Keeps Crashing In an X post, Ardizor stated that the BTC price was dumping because crypto exchanges Binance, Coinbase, and Bybit, along with whales and Wintermute, were selling millions of BTC. He claimed that they have sold over $2 billion worth of BTC and further alleged that it was a “pure, coordinated dump,” which usually comes after the....
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