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Bitcoin and Ether whale holdings drop sharply as prices fall below key levels

Market News
12 Nov 2026, 00:53 WIB
Tokenpost
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Bearish
Bitcoin and Ether whale holdings drop sharply as prices fall below key levels

Bitcoin whale holdings decreased by over 34,000 BTC in the past week, coinciding with a price drop from $79,000 to below $73,000, representing a $2.6 billion reduction. Ether whale holdings also declined by about 17,800 ETH, worth around $40 million, though this reduction was slower compared to Bitcoin. This trend indicates significant selling pressure from large holders amid recent price declines, which could influence market dynamics going forward.

Bitcoin whale holdings and recent price changes provide context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 12, 2026 05:22 WIB: Among 50 major cryptocurrencies, 27 rose and 22 fell today. Notable movers include AVAX at Rp155.245 with a 1-day change of +2.89% and 81% buy order activity, VET at Rp96 with +2.51% and 96% sell order activity, and COTI at Rp167 with -2.39% and 88% sell order activity.

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