Bitcoin Whales Spark Volatility as Crypto Trading Heats Up

Bitcoin saw a notable price fluctuation this week, retreating slightly to around $108,900 after a significant move by prominent cryptocurrency whales. A massive withdrawal of over $130.68 million worth of Bitcoin from Binance was reported, and this action coincided with substantial market volatility. Analysts believe that these large-scale transactions signal expectations of further price adjustments in the short term.