Bitcoin OG Whales Abandon Ship as BTC Price Risks Dumping Below $70K

Bitcoin’s price has nosedived once again in the past 24 hours, dropping below $71,000 for the first time since the weekend. While the blame has been placed on the US Federal Reserve, certain OG whales have been disposing of large BTC portions, which can also be attributed to the correction. OGs Selling Lookonchain reported that an ancient BTC wallet sold another 1,000 units in the past day, worth around $71 mil…