CryptoMedium•15 November 2026•
1 min read
Bitcoin Drops Below $65K as Whale Exchange Deposits Rise
Key Facts
1Bitcoin price dropped to trade at $64,853 amid increasing selling pressure.
2Daily whale net exchange deposits hit $55 million, signaling potential intent to sell.
Bitcoin price dropped to trade at $64,853 amid increasing selling pressure. Blockonomi reported that the cryptocurrency has slipped below the $65,000 support level as data shows a significant increase in whale deposits to exchanges.
Daily whale net exchange deposits hit $55 million, according to Glassnode data published on November 15, 2026. This sustained increase in deposits suggests a shift toward liquidation and increased market supply, as the 30-day moving average of net whale flows remains above zero, indicating that exchange inflows continue to outweigh withdrawals.