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Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses

February 23, 2026No Comments1 Min Read

On-chain data from Glassnode and CryptoQuant shows large holders dominating exchange inflows while short-term investors continue to sell at a loss, pointing to a fragile base-building phase.

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See also Bitcoin sold off first when the U.S.-Iran war began. Two weeks later, it's outperforming nearly everything

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Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses

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