Bitcoin Falls Below $82,000 as Whale Exits $1.3 Billion Position and ETFs Post $1.2 Billion Weekly Outflow
Bitcoin dropped below $82,000 after long-term holder Owen Gunden sold $1.3 billion worth of BTC and spot ETFs recorded $1.2 billion in weekly net outflows—the largest since February. Marathon Digital Holdings transferred 648 BTC valued at $59 million to trading platforms. Uncertainty surrounding Federal Reserve rate policy and declining Treasury yields added pressure to market sentiment.