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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
$83,947.81
-0.40%
$83,947.81
-0.40%
(24s)24h Volume
$16,606,000,875.05
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.5%
Long: 58.5%Short: 41.5%
Funding Rate
+0.0008%
Longs 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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