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Bitcoin analysts explain what’s next in the aftermath of BTC plunging to $16.2K

Bitcoin analysts explain what’s next in the aftermath of BTC plunging to $16.2K

The price of Bitcoin ( BTC) dropped sharply on Nov. 26 following a mass sell-off from whales. Data from on-chain data firms, namely Santiment, Intotheblock, and CryptoQuant, show heightened levels of whale exchange inflows. Whales selling right under Bitcoin’s all-time high, particularly when the market sentiment was overly euphoric, led to a massive drop.








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