CoinEx Daily: Bitcoin Faces Correction Pressure as Whale Transfers and Legislative Uncertainty Mount

Daily View

Bitcoin is experiencing increased volatility and downside pressure as several large whale wallets move substantial amounts of BTC onto exchanges, fueling fears of impending sell-offs. At the same time, U.S. legislative progress on digital asset regulations remains uncertain, with a key crypto bill facing procedural voting hurdles in the House, while macro policy comments from political leaders add to market unease. Profit-taking indicators and liquidation spikes highlight a short-term risk-off environment despite ongoing institutional inflows.