One major compliant exchange has been offloading Bitcoin continuously for the past 16 days straight. This persistent selling pressure is hard to ignore, especially when you look at the historical precedent.
Back then, during a 28-day selling campaign, BTC crashed hard—from $115K down to $84K. That's a brutal $31K decline. So what's different now? Despite this relentless dumping, the price has managed to hold its ground firmly above $87K. The resilience is notable.
The question everyone's asking: what's the real impact here? Is this selling spree finally running out of steam, or are we just seeing a temporary bounce before deeper pressure kicks in? The market's ability to absorb this supply without collapsing suggests either strong underlying demand or the selling is reaching natural exhaustion. Either way, traders should keep close tabs on the momentum shifts.
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blockBoy
· 13h ago
16 days of selling, the price can still hold above 87K, indicating that the buyers are not as weak as expected.
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bridge_anxiety
· 15h ago
16 days of direct dumping? I don't understand what this big player is thinking. Last time, they dumped from 28 days straight down to 84K, how can they still hold on this time?
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WenAirdrop
· 15h ago
The 16 days of selling pressure have been withstanded, indicating that the underlying demand is indeed not weak.
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DataBartender
· 15h ago
16 days of continuous dumping, but this time it didn't crash. That's interesting.
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OnchainFortuneTeller
· 15h ago
Still crashing after 16 days? This exchange probably wants to liquidate and run away, haha.
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NftBankruptcyClub
· 15h ago
16 days of continuous dumping. Last time, it took 28 days to drop from 115K to 84K... How is it still holding at 87K this time? That's interesting.
One major compliant exchange has been offloading Bitcoin continuously for the past 16 days straight. This persistent selling pressure is hard to ignore, especially when you look at the historical precedent.
Back then, during a 28-day selling campaign, BTC crashed hard—from $115K down to $84K. That's a brutal $31K decline. So what's different now? Despite this relentless dumping, the price has managed to hold its ground firmly above $87K. The resilience is notable.
The question everyone's asking: what's the real impact here? Is this selling spree finally running out of steam, or are we just seeing a temporary bounce before deeper pressure kicks in? The market's ability to absorb this supply without collapsing suggests either strong underlying demand or the selling is reaching natural exhaustion. Either way, traders should keep close tabs on the momentum shifts.