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Blockchain

Why Is Bitcoin Down Today? Whale Dump and Crypto Liquidations


Bitcoin price today is facing fresh turbulence during a dramatic “crypto week,” as a Satoshi-era whale triggered a major sell-off, sending prices tumbling below $117K. The sudden move spooked the market, erased over $400 million in long positions, and dragged the entire crypto sector down sharply.

Bitcoin Crashes to $116K Amid Whale Activity

Bitcoin price surged toward $123,000 earlier today but swiftly reversed course after an ancient whale wallet moved a massive amount of BTC. The flagship cryptocurrency hit an intraday low of $116,218, marking a…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link