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Sell-off Alert! Bitcoin Whales Sold $1.28 Billion of BTC, Price Drop Coming?

  • Bitcoin whales sold over 20,000 BTC, worth $1.28 billion over the past 24 hours.
  • BTC's price could decline by 10% to the $57,300 level if it closes its daily candle above $66,000 level.
  • BTC appears bearish, likely due to the $1.28 billion asset dump and the bearish double-top price action pattern.
  • On-chain metrics support the negative outlook, with a bearish market sentiment among traders.

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