Bitcoin Prices Drop as Dormant Wallets Flood Market, Analysts Warn of Sell-Off Pressure

Bitcoin's price decline continues as previously inactive wallets suddenly move substantial volumes of BTC onto exchanges, intensifying selling pressure. The market sees a surge in supply as dormant wallets, inactive for years, become active, signaling profit-taking strategies by early holders.

Analysts attribute the sell-off to tightening global liquidity conditions, slow inflow of stablecoins, and reduced institutional demand. Despite strong long-term fundamentals and increasing institutional adoption, Bitcoin may test lower support levels amid persistent selling pressure.