Bitcoin Market Sees Unusual Shift: Whales Sell, Stablecoins Surge

Recent data from on-chain platform CryptoQuant reveals a unique trend in the Bitcoin market. Despite prominent whale losses exceeding $1.3 billion over the past six days, the cryptocurrency’s price has remained strong above the critical support level of $100K to $105K. This resilience suggests a significant capacity to absorb pressure from these sell-offs. 9 billion dollars in stablecoin inflows are also signaling massive liquidity buildup.