🚀 Bitcoin's Rollercoaster: Whales, ETFs, and Market Jitters! 🎢
Bitcoin (BTC) saw a 5.5% boost on Aug. 6 but couldn't hold above $57,000. Traditional markets were up, with the Euronext 100 index rising by 2.2% and oil prices by 2.8%. So, what's the deal? Analysts point to whales like "Mr. 100" making big moves.
- "Mr. 100" hit a peak of 73,067.66 BTC but withdrew nearly 6,000 BTC on Aug. 7.
- US Bitcoin ETFs saw $554 million in outflows.
- Derivatives and stablecoin metrics show cautious sentiment.
Is this a market correction or just whale games? 🐋 Share your thoughts below! 👇