Headline: Whale Dumps 8,200 BTC Into Binance as Bitcoin Slides — Indicators Signal Growing Bearish Pressure A large Bitcoin whale has deposited roughly 8,200 BTC (about $559 million) into Binance over the past 48 hours, coinciding with renewed selling pressure that pushed BTC sharply lower. The move comes after Bitcoin was rejected near $72,000, triggering a wave of downside that saw BTC dip to $65,080 before briefly rebounding to $66,725. At the time of reporting, BTC was quoted near $60,000, down about 1.64% on the day. Whales capitulating, sellers in control On-chain and chart-based signals point to a market increasingly dominated by sellers. TradingView’s Whale Trend Analysis indicator shows sustained sell-side activity for two consecutive weeks, and Lookonchain flagged the whale’s large Binance deposits. Historically, each time this whale has reduced holdings, Bitcoin’s price has weakened — the most recent outflow correlated with a >3% intraday decline to $65,080. Liquidity thin, downside amplified Technical flow metrics back up the bearish picture. Bitcoin’s Ease of Movement (EOM) has remained negative for 30 straight days, suggesting prices have been able to fall easily even on relatively low volume — a sign that buyers have largely retreated and thin demand-side liquidity is amplifying sell pressure. The Money Flow Index (MFI) sits around 32, indicating weakened buying momentum and dominant selling activity. Exchange netflow offers a potential counterbalance Exchange netflow history shows that when netflow dips (more BTC leaving exchanges than entering), it can support price recovery. CryptoQuant data shows past recoveries — for example, Bitcoin bounced after netflow fell to about -1.4k BTC, indicating net withdrawals and stronger demand. Under similar conditions, BTC could stabilize above current levels and potentially re-challenge resistance around $74k. What this means short term - Continued whale selling and thin demand raise the risk of further losses, with immediate pressure on $65k and heightened risk of a move toward $60k support. - A genuine trend reversal would likely require renewed buying interest from large investors (whales) and meaningful exchange outflows to rebuild liquidity and confidence. Sources: TradingView, Lookonchain, CryptoQuant. Disclaimer: This content is informational and not investment advice. Trading cryptocurrencies carries high risk; do your own research before making decisions. © 2026 AMBCrypto Read more AI-generated news on: undefined/news

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