Bitcoin Whales Dump 34,000 BTC Worth $2.6B as Price Slides Under $68K
Bitcoin whales sold more than 34,000 BTC — about $2.6B — over the past week, per analyst Ali Martinez, right as the coin slid below $73,000 from $79,000. BTC has now lost $70,000 and trades at $67,209, with Peter Schiff warning the downtrend isn't done. Bulls are watching a key demand zone that sparked August's rally.
- Original source: zycrypto.com.
- The source published it on Nov 14, 2026 at 6:55 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
Bitcoin whales have offloaded more than 34,000 BTC in the past week — a haul worth roughly $2.6 billion, according to market analyst Ali Martinez. The distribution lined up with the coin sliding below $73,000, down from $79,000, as big holders trimmed exposure into the drop.
The selling hasn't let up. Bitcoin has now punched below the psychological $70,000 mark and is trading at $67,209, per CoinGecko data, with bearish momentum building as the slide continues.
Longtime Bitcoin critic Peter Schiff piled on, arguing the cryptocurrency's long-term downtrend is nowhere near finished. He weighed in after Bitcoin dropped toward $68,000, feeding worries that the correction has further to run.
There's a counterweight on the charts. On-chain metrics provider WealthManager points out that Bitcoin has dropped back into the demand zone that ignited its August rally, the same patch of ground where buyers stepped in and powered a sharp recovery. Bulls now have to defend it again. Holding the zone could pull in fresh demand and set up a bounce; losing it opens the door to deeper losses.
TopicsBitcoin · Ali Martinez · Peter Schiff · WealthManager · CoinGecko
Source: zycrypto.com
Written by Paparazzi with AI. Not financial advice.
More stories
- Web3 & CryptoHackaltcoinbuzz.io1viewBitcoin Slumps Near $65K as DOJ Moves to Seize $1.2B Stolen From Binance
- Web3 & Cryptox.com1viewStrive's Joe Burnett Makes the Case for $11M Bitcoin as Rivals Fade
- Web3 & Cryptox.com1viewStand with Jensen Petition Blows Past 100K as Fake Signatures Get Purged
- Web3 & Cryptoriotimesonline.com1viewBrazil's Money-Laundering Forum Sets 2027 Sights on Crypto, Illegal Bets and Bank Fraud