⛓️ Crypto🔴 BearishActionable

23,300 BTC Moved to Exchanges at Loss as Bitcoin Drops Below $64,000

U.Today|Tomiwabold Olajide|February 28, 2026 at 12:15 PM|1 views

🤖AI Summary

Bitcoin dropped below $64,000 to a low of $63,019, marking a 19% decline for February. During this price drop, 23,300 BTC were moved to exchanges at a loss, indicating potential selling pressure from investors.

Key Takeaways

→Bitcoin fell to $63,019, breaking below the $64,000 support level.
→The cryptocurrency is down 19% for the month of February.
→23,300 BTC were transferred to exchanges at a loss during the decline.
→The exchange transfers suggest potential selling pressure from investors realizing losses.
→The price action indicates continued bearish momentum in the short term.

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#bitcoin #btc #price-drop #exchange-flows #selling-pressure #february-decline #support-break #crypto-markets

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