Bitcoin Sell Pressure Is Easing, But Whales Keep Dumping on Exchanges: CryptoQuant

Recent analysis from CryptoQuant indicates that while overall sell pressure on Bitcoin is decreasing, large holders, or "whales," continue to sell their holdings on exchanges. This trend suggests that despite a reduction in general selling activity, significant amounts of Bitcoin are still being offloaded by these major investors. The report highlights that the market may face volatility as whale selling could impact price stability. Additionally, the easing sell pressure may provide a more favorable environment for potential price recovery in the near term.

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