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via BeInCrypto · By BeInCrypto Editorial
Bitcoin’s Bottom Isn’t In Yet? CZ Stays Calm While Whales Keep Selling
BTC
BTC/USDT
$79,724.77
+0.09%
$79,724.77
+0.09%
(24s)24h Volume
$11,777,311,216.23
24h H/L
$79,877.07 / $78,660.00
Change: $1,217.07 (1.55%)
Long/Short
52.8%
Long: 52.8%Short: 47.2%
Funding Rate
-0.0012%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(05:14 PM UTC)
1 min read
Bitcoin (BTC) traded near $61,100 on June 9 after sliding about 10% on the week, and Binance founder Changpeng Zhao (CZ) urged investors to stay calm even as analysts said a market bottom remains unconfirmed.
Trading firm Wintermute pinned the decline on US institutional selling and ETF outflows rather than panic. On-chain data from Santiment showed retail buyers absorbing dips while large wallets…
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