#solana生态 #etf以太坊 #以太坊ETF通过 $NOT $SOL $BTC
BTC price fell sharply, and the big vault holders urgently sold
During the early morning of today, from 04:42 to 05:09, the main funds of BTC on Coinbase urgently sold at the market price, with a total amount of up to 29.32 million US dollars, and the average transaction price was 61,967.33 US dollars.
Market analysis shows that this large-scale selling behavior quickly affected the market price of BTC. After the sell-off, the BTC trading pairs on the Coinbase platform generally experienced a price decline, once hitting a low of 61,000 US dollars.
According to previous trading data, there have been large-scale Bitcoin sell orders of more than 5 million US dollars in the market, and this signal is regarded as a sign of market bearishness. After these large transactions were completed, the price of Bitcoin fell rapidly, falling by more than 2.6%.
As of now, the price of BTC has fallen below the $60,900 support level pointed out in the midday analysis. At present, the focus of the market has shifted to the key price of $60,000. It is worth noting that Coinbase's main funds have placed more than $2.15 million in bets at this price, and these orders have lasted for nearly two days. Market participants are closely watching the dynamics of this key price to determine the next trend of BTC prices.
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