Bitcoin Tumbles to $94K Again: $1B in BTC Hit Exchanges While US-China Trade Deal Nears
2025-11-17 01:55
After a day and a half of calmness and apparent price stability, bitcoin has slipped once again on Sunday afternoon despite some bullish news coming on the US-China trade deal front. What’s more worrisome in this situation is the behavior of BTC investors who have deposited roughly $1 billion worth of the asset to crypto exchanges in the past three days alone. More than 10,000 Bitcoin $BTC , almost $1 billion, have hit crypto exchanges in the past 72 hours! pic.twitter.com/3kwwzLMKH0 — Ali (@ali_charts) November 16, 2025 Such large transfers are generally followed by sell-offs, since most investors tend to keep their BTC stored away from exchanges unless they want to immediately dispose of it. Consequently, it’s safe to assume that the immediate selling pressure has only intensified and could be among the reasons behind the market-wide crash. This is evident in bitcoin’s price as the asset has nosedived once...
