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Whales Dump Over $4 Billion in Bitcoin Amid Escalating EU-US Trade Tensions
Crypto Market Under Pressure Amid EU-US Trade Tensions
- The crypto market faced selling pressure after escalated EU-US trade tensions.
- Total liquidations reached $870 million, with $788 million in long positions.

- Bitcoin's price dropped 2.6% to $92,550 as it failed to break the $100K resistance.
- Large-scale Bitcoin sales occurred: 22,918 BTC by insiders, 2,417 BTC by [Coinbase](https://holder.io/coins/), 3,339 BTC by Bybit, 2,301 BTC by [Binance](https://holder.io/coins/), and 4,191 BTC by Wintermute, totaling over $4 billion.
- EU plans a $100 billion tariff response amid US President's Greenland acquisition attempts.
- Gold hit a record $4,660 per ounce; silver rose above $94 per ounce as safe-haven assets gained appeal.
Overall, global markets are volatile due to geopolitical uncertainties, impacting risk assets like Bitcoin.