Trading volume surged 76% above the weekly average, indicating significant distribution rather than retail activity.
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Latest news and analysis from CoinDesk

Binance is plummeting, but its supply distribution could make it the best hedge against bearish sentiment, keeping bullish BNB Price predictions in play . The new month has seen an acceleration of Oct...

Bitcoin has dropped about 19% from its record high as the government shutdown saps $700 billion from markets, but analysts see a major rally ahead when liquidity returns....

A major whale has opened a $7.9 million long position on Zcash (ZEC) using 5x leverage on HyperLiquid, signaling strong bullish confidence amid rising open interest and spot buy pressure....