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CoinEx Daily: Bitcoin Faces Selling Pressure with Whale Liquidations and Grayscale Transfers

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Published on 2026-01-08

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Bitcoin faces selling pressure as a 20x leveraged whale closed a long position at a loss of $3.77m and Grayscale transferred approximately 1,327.81 BTC to Coinbase Prime. The probability of a Fed rate cut in January further declined following the release of US employment data.

CoinEx Daily: Bitcoin Faces Selling Pressure with Whale Liquidations and Grayscale Transfers