Bitcoin (BTC) price has been in a downward trend in the last week amid increased whale activity and has fallen below the psychological barrier of $60,000. 📉 BTC, which has fallen 8% in the last 24 hours, is trading around $ 56,990 at the time of writing. According to Santiment data, whale transactions involving at least $100,000 in BTC have increased by 60% since April 28. Additionally, the amount of Bitcoin on the exchange increased from 811,810 BTC to 821,740 BTC in the last 24 hours. This move may indicate that some Bitcoin holders may consider selling their holdings due to FUD (fear, uncertainty and doubt) in the crypto market.