Top Institutions Dump $1.1B in Bitcoin Over Six Hours

Top Institutions Dump $1.1B in Bitcoin Over Six Hours

Also on October 17, BlackRock, Binance, and Coinbase collectively sold about $1.1 billion worth of Bitcoin within a six-hour span.
The rapid offloading triggered panic among many traders, compressed BTC prices, and led to large liquidations, especially among long positions. Analysts warn that weakening technicals and institutional hesitancy could fuel further volatility