Bitcoin Price Correction Deepens Amid Whale Activity And Oversold Signals

Bitcoin Price Correction Deepens Amid Whale Activity And Oversold Signals

Glassnode data shows sharks (100–1,000 BTC holders) accumulated nearly 270,000 BTC worth $23B in the past month, the largest such move in years. Bitcoin’s weekly RSI has fallen to levels last seen at major bear-market bottoms, yet similar setups previously preceded deeper 40–50% drawdowns. While mid-sized whales are accumulating aggressively, long-term holder supply continues to…