Bitcoin Dips Below $71K Amid Whale Sells: On-Chain Signals Point to Buying Opportunity

The Story

Bitcoin took a sharp tumble below $71,000 Thursday morning, triggered by the Federal Reserve's decision to hold interest rates steady and traders dialing back bets on near-term cuts. Adding fuel to the fire, an OG whale—holding since 2013—dumped around $72 million worth of BTC, roughly 1,000 coins at current prices, as exchange deposits from big players spiked, per on-chain trackers reported by The Block. Yet, beneath the surface panic, metrics like the long-term MVRV ratio sitting...