On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase.
Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses
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AI INSIGHT
Bitcoin slides 5% to below $65,000 as on-chain data from Glassnode and CryptoQuant show large holders accounted for the majority of exchange inflows and short-term holders continued selling at a loss.
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