As Bitcoin neared its all-time high, the leading digital asset declined by 11% on the 26th of November, after hitting $19,500. Cointelegraph that BTC hit $17,250 lows. At press time, however, Bitcoin has dropped further by 12.38% to $16,832.58.
Before the loss, data obtained from TradingView revealed that BTC experienced significant volatility overnight on the 25th of November.
Notably, the price dip is happening at a time when whales are moving BTC to different exchanges, ahead of BTC’s new high milestone. The CEO of CryptoQuant said:
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