caueconomy
Over 40,000 bitcoins entered exchanges, causing a market dump.๐จ
High profit-taking by large players. OTC desks have also been attacking these platforms' order books. Note that the rising volume puts pressure on the price of BTC, which falls as these coins are offered for sale on the spot market. Despite this high volume, the price of Bitcoin has not yet fallen below US$110,000, indicating that net buying interest remains high in the medium term.