Bitcoin’s price has taken a significant hit over the past 24 hours, driven by a massive sell-off from a prominent whale and resulting in substantial liquidations across the cryptocurrency market. As of July 4, 2024, Bitcoin’s value has fallen below $57,000, raising concerns about further declines and potential market instability.

Whale Sells 3,500 BTC: A Catalyst for Bitcoin’s Price Drop

In a dramatic move, a major Bitcoin whale sold 3,500 BTC on the Binance exchange earlier today, a transaction valued at approximately $206 million.&middot

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