Bitcoin continues to trade with high volatility following Friday’s brutal crash that sent prices as low as $103,000. Over the weekend, the market has struggled to find a clear direction, with bulls and bears locked in a tense battle around the $115,000 level. Sentiment remains divided — some analysts expect a consolidation phase before another leg higher, while others warn of a deeper correction if selling pressure intensifies.
Adding to the uncertainty, new data from on-chain analytics firm Lookonchain has revealed massive withdrawals by wallets linked to Matrixport, a major crypto financial services platform. The move has sparked heavy speculation across the market, with investors debating whether this represents institutional accumulation, treasury reallocation, or preparation for potential selling.
Matrixport, founded by former Bitmain co-founder Jihan Wu, is known for managing large-scale digital asset operations. As such, its actions often draw attention from ana
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