Derived from CryptoDnes, Bitcoin is in a fragile phase as price momentum weakens and whale activity drops sharply. Whale transactions over $1 million have fallen from 2,400 per day in October to just 300 today. On-chain data from Glassnode highlights $82,045 as a key support level, with over 825,000 BTC accumulated around this price. A breakdown could lead to deeper price erosion. The global crypto market cap has fallen below $3 trillion, and Bitcoin has lost over 11% in a week.
Bitcoin On-Chain Data Flags $82K as Critical Support Before Potential Crash
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