Bitcoin slides 5%, tumbling below $65,000 as whale selling grows and recent buyers lock in losses

Bitcoin experienced a significant decline of 5%, causing its value to drop below the $65,000 mark. This downturn can be attributed to an increase in selling activity among large investors, commonly referred to as "whales," who are offloading their holdings. Additionally, many recent buyers are opting to sell their investments in order to lock in losses, further contributing to the downward pressure on the cryptocurrency's price. source: https://www.coindesk.com/markets/2026/02/23/bitcoin-slides-4-to-usd65-000-as-whale-selling-grows-and-recent-buyers-lock-in-losses