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Bitcoin Cash drops 10% amid whale-driven selling in futures and buying in spot markets.

Technical Signals
12 Sep 2026, 02:00 WIB
AMBCrypto
View Source
Bearish
Bitcoin Cash drops 10% amid whale-driven selling in futures and buying in spot markets.

Bitcoin Cash (BCH) fell about 10% in the past day, driven by large whale orders dominating both spot and perpetual futures markets. Analysis shows whales opened mostly short positions in the futures market, increasing selling pressure, while spot market activity indicated heavy buying and asset accumulation. The negative funding rate in futures and significant outflows from exchanges suggest bearish sentiment in futures but long-term holding in spot. Price direction will depend on spot traders' future actions, with liquidation clusters near $208 potentially influencing volatility.

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