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Bitcoin Price Crash Looms as Whales Sell Off Over 30K BTC, Says Peter Brandt
- Bitcoin price teases below $59k, causing fear of further crypto capitulation in the short term.
- Crypto whales have sold over 30k BTCs in the past three days, worth nearly $2 billion.
- US spot Bitcoin and Ether ETFs register cash outflows, indicating profit-taking by investors.
- Leverage trading in the crypto space reaches a yearly high, suggesting higher volatility ahead.
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