Since Jan 14, total crypto market capitalization has dropped by roughly $1T, averaging about $45B per day.
Selling pressure accelerated as Trend Research offloaded 170,033 ETH ($322.5M) in just 10 hours.
Attention now turns to key holders: Saylor reiterates he will not sell even at $8K, while Tom Lee moved 55% of Bitmine’s ETH to reduce risk.
Market stability now depends on whether long-term holders maintain conviction.