Whales Wobble: Bitcoin’s $70k Hurdle & the $335M Sell That Broke the Internet (Not Really)

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Ah, macro events! Because nothing says “financial stability” like a game of Jenga with global economies, where one wrong move and we’re all just… falling. Timing, folks, is everything-or so we keep telling ourselves while clutching our crypto like it’s the last slice of pizza at a party.

Short-term moves hit fast, like that one time your ex texted you out of the blue. But the bigger picture? That’s the slow burn, the existential dread of realizing your portfolio looks like a ghost town. And right now, the market is just… marinating in its own confusion. Exactly like that cycle.

February 20th was the day the universe threw a curveball. Two major events hit harder than your New Year’s resolution to stop buying NFTs. Bitcoin [BTC] rallied 1.52% by day’s end, because of course it did-but still couldn’t crack $70k. Because why let success get too comfortable?

The Supreme Court, in a shocking twist, ruled that Donald Trump’s tariffs were illegal. Because, obviously, who needs legal tariffs when you can have chaos? Meanwhile, the PCE inflation report came in hotter than my mom’s take on my dating life. Investors were left Googling “how to feel things simultaneously.”

Bitcoin’s reaction? A shrug. The initial jump was like, “Oh, tariffs are off the table? Great!” But then the inflation data hit, and suddenly everyone was back to panicking like they’d forgotten how to breathe. Classic.

But one event stole the show, proving that in crypto, timing is just the universe’s way of making us feel stupid. Short-term moves? Swift. Real impact? A slow, agonizing drip of regret.

Insider moves shake Bitcoin as traders digest whale activity

Major selling before a macro event? That’s just the crypto version of burning your hand on the stove and then complaining about the heat.

Recently, an insider whale moved $335 million in Bitcoin exactly 10 minutes before the U.S. Q4 GDP data dropped. The GDP? A lackluster 1.4%, the weakest since Q1 2025. Coincidence? No. Whale logic: “I’ll sell now, thank you very much, while you’re all distracted by your feelings.”

And let’s not forget the Supreme Court drama, which left investors more confused than a toddler in a IKEA. Trump’s “backup plan” for tariffs added just enough chaos to make everyone question their life choices. Again.

So, was the whale’s move strategic? Obviously. But here’s the kicker: Bitcoin still couldn’t break $70k. Because nothing says “bullish momentum” like a market that’s basically just… holding its breath. The whale probably sold because inflation and potential $175 billion in tariff refunds are the crypto equivalent of a “get out of jail free” card. Or maybe they’re just really good at poker faces.

According to AMBCrypto (who, again, are basically financial therapists at this point), this timing is a red flag. Bitcoin’s support levels? Under pressure. Like a vegan at a steakhouse.

Final Summary

  • Bitcoin danced with $70k but couldn’t commit, while investors clung to hope like it was a life raft. Tariffs? Sorted. Inflation? Still a mess.
  • A $335M whale sell just before weak GDP data? Either clairvoyance or someone’s really good at reading the room. Either way, Bitcoin’s support levels are now the emotional equivalent of a deflated balloon.

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2026-02-22 06:09