The market is on alert as tensions rise, with 14,700 BTC dumped in the last 24 hours.

RektRecovery · 2025-06-23T05:12:26+00:00

Data shows that in the past 24 hours, centralized trading platforms have sold a total of 14,700 Bitcoins, all sold at a loss. The reason for the fall in Bitcoin prices is related to the U.S. military action against Iran, causing high tension in market sentiment.

RektRecovery

2025-06-23 05:12:26

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On June 23, 【Block Rhythm】, an analyst from a certain data platform released a market analysis indicating that over the past 24 hours, a total of 14,700 BTC were sold on centralized trading platforms, with 14,700 BTC sold at a loss and 3,100 BTC sold at a profit. Short-term holders cashed out a total of 17,800 BTC, resulting in a net selling of 11,600 BTC.

The backdrop of Bitcoin’s decline is the U.S. weekend attacks on three nuclear facilities in Iran and its involvement in the ongoing war between Israel and Iran. Due to the possibility of Iran responding, including threats to U.S. personnel in the region and the potential closure of the Strait of Hormuz, the market is currently in a state of high alert.

BTC1,05%

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