Short-Term Whales Deep in Red Panic Phase or Bottom Formation?
BTC
65,589.95
-2.92%
$BTC short-term holder whales have flipped into heavy unrealized losses, with P&L dropping sharply into negative territory. Historically, when short-term whales move deep into red, it signals late-stage panic and forced selling. Price has already reacted with a strong downside move, and this level of stress often appears near local bottoms — but volatility remains high.
If selling pressure slows and price starts forming higher lows, a relief bounce could follow. However, continued losses may trigger another li