Bitcoin experienced a 1.01% price drop on December 26, settling at $87,374, as over 13,904 BTC, valued at $1.03 billion, were transferred between two unknown wallets within minutes. The significant movement, highlighted by Whale Alert and tracked via Bitjie, has sparked speculation about potential selling pressure.
On the same day, BlackRock's leading Bitcoin ETF recorded a $91.4 million outflow, adding to the market's uncertainty. The unusual activity has kept Bitcoin's price under pressure, with investors closely monitoring for further developments.
Over $1 Billion in Bitcoin Transferred Amid Price Decline
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