Bitcoin Whale Dumps $576M in BTC as Price Pulls Back

Bitcoin (BTC) has slipped from its recent highs as large-scale selling by a mysterious whale raises concerns about short-term pressure on the cryptocurrency. The pullback comes after Bitcoin surged above $78,700 during the past 24 hours, extending its weekly gain to nearly 23%. At the time of writing, Bitcoin price was trading around $77,321, down roughly 1% over the past 24 hours. Despite the decline, the strong weekly performance continues to signal increased investor confidence following BTCs latest rally. On-chain tracking platform Lookonchain reported that a Bitcoin whale identified by…  Read more

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