Bitcoin whales refuse to sell while BTC price ditches $70K 'euphoria'

Bitcoin derivatives traders go from de-risking to "clear pessimism," but large-volume hodlers are in no hurry to bow to BTC price pressure.Nervous risk-asset markets set the tone across the board on the day, with United States stocks wobbling at the Wall Street open and Bitcoin

Placing emphasis on the upcoming weekly close, Skew described a risk-off mood across exchanges, with “consistent de-risking and now clear pessimism” now characterizing perpetual swaps markets.

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