Bitcoin risks drop toward $100K as ‘insider’ whale moves BTC to exchanges
A mysterious whale moved $588 million in Bitcoin to exchanges, sparking fresh fears of a deeper BTC price drop that could test $100,000 support
Key takeaways:
Bitcoin risks testing $100,000 after breaking a key support level of a bear flag.
The so-called “insider” whale moved 5,252 BTC ($588 million) to exchanges and opened a new $234 million short.