Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin nears $79K but heavy institutional selling hints at possible correction ahead.

Market News
22 Aug 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin surged past $79,000, extending a five-day rally over 30%, but significant selling by institutions like Jump Crypto and a large whale triggered over $647 million in long liquidations. This selling pressure caused Bitcoin's price to retrace to around $77,000, losing some gains and signaling a potential market correction. Technical indicators such as the RSI and MACD suggest Bitcoin is overbought and cooling off, with large sell orders stacked near $79K-$80K. While the crypto market remains strong, these signs point to a possible short-term correction in Bitcoin's price.

More News (BTC)

Whale sells $576M in Bitcoin as BTC nears $80K amid strong weekly rally

Whale sells $576M in Bitcoin as BTC nears $80K amid strong weekly rally

A mystery whale sold 7,700 BTC worth about $576.6 million over three days as Bitcoin approached $80,000, marking its strongest weekly rally since 2024. This selling follows a recent accumulation of 43,000 BTC by large holders, which helped fuel the r...

Market News
Neutral
5 hours ago
Bitcoin and Ethereum ETFs see biggest weekly inflows since October 2025, totaling $2.6 billion.

Bitcoin and Ethereum ETFs see biggest weekly inflows since October 2025, totaling $2.6 billion.

Last week, US-listed Bitcoin and Ethereum exchange-traded funds (ETFs) recorded their largest weekly inflows since October 2025, attracting a combined $2.6 billion. Bitcoin ETFs led with $1.92 billion, while Ethereum ETFs added $697 million, reversin...

Market News
Bullish
7 hours ago
Bitcoin must reclaim $82,470 weekly to confirm bear market end, says Galaxy Research.

Bitcoin must reclaim $82,470 weekly to confirm bear market end, says Galaxy Research.

Galaxy Research highlights Bitcoin's 50-week moving average near $82,470 as a key indicator to confirm the end of the current bear market. Historically, Bitcoin has successfully held this level in 11 of 13 instances after bear markets, making it a mo...

Technical Signals
Neutral
8 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $77,000 and notable gains in altcoins like ZEC and UNI.

Cryptocurrency prices show mixed movements with Bitcoin near $77,000 and notable gains in altcoins like ZEC and UNI.

Cryptocurrency markets display a range of price changes with Bitcoin holding steady around $77,000. Ethereum and Binance Coin see moderate gains, while altcoins such as Zcash (ZEC) and Uniswap (UNI) experience significant increases of over 20% and 8%...

Market News
Neutral
10 hours ago
Bitcoin staking via Stacks launches in 19 days, offering 3% APY without losing custody of BTC

Bitcoin staking via Stacks launches in 19 days, offering 3% APY without losing custody of BTC

Bitcoin holders will soon be able to stake their BTC directly on Bitcoin's layer 1 through Stacks' PoX-5 hardfork, activating around July 29, 2026. This new system allows users to earn roughly 3% annual yield by locking BTC alongside STX tokens witho...

Protocol Fundamentals
Bullish
10 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App