Why Bitcoin Could Face Another Dump in February

$BTC has marked its fifth consecutive month of price declines, lacking clear signs of strong buying support. The Whale Inflow Ratio on Binance surged to its highest level in over two years during February, coinciding with Bitcoin dropping below $70,000 and indicating potential selling pressure from large holders. A wallet linked to Garrett Jin transferred over 10,000 BTC to exchanges since early February, contributing to this activity. Bitcoin's historical volatility has reached its highest point in a year, suggesting heightened potential for price fluctuations.

Key takeaway: Elevated whale inflows and high volatility during Bitcoin's market correction highlight persistent supply pressures in its short-term market dynamics.