Bitcoin’s Bottom Isn’t In Yet? CZ Stays Calm While Whales Keep Selling

Jun 9, 2026 - 18:45
Bitcoin’s Bottom Isn’t In Yet? CZ Stays Calm While Whales Keep Selling
Bitcoin (BTC) traded near $61,100 on June 9 after sliding about 10% on the week, and Binance founder Changpeng Zhao (CZ) urged investors to stay calm even as analysts said a market bottom remains unconfirmed. Trading firm Wintermute pinned the decline on US institutional selling and ETF outflows rather than panic. On-chain data from Santiment...

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