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Bitcoin faces potential further drop amid high whale activity and rising Open Interest in 2026.

Market News
09 Aug 2026, 02:00 WIB
AMBCrypto
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Bearish
Bitcoin faces potential further drop amid high whale activity and rising Open Interest in 2026.

Bitcoin saw $211 million move into exchanges recently, with market sentiment mostly pessimistic in 2026. Key indicators like a spike in Coin Days Destroyed and elevated whale inflows suggest panic and possible large sell-offs. The Coldcard hack partly explains the unusual activity, but the overall market remains cautious. Rising Open Interest without strong spot demand could trigger another price drop, signaling risks ahead for Bitcoin investors.

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