Bitcoin is struggling to reclaim higher levels as selling pressure intensifies and fear continues to dominate market sentiment. After weeks of volatile price action, the market’s recovery attempts are being met with heavy resistance, with BTC still trading below key psychological levels.

According to data from Lookonchain, the well-known trader known as the BitcoinOG (1011short) — famous for shorting the market during the October 10 crash — is once again making headlines. On-chain data shows that the whale has started dumping BTC, triggering renewed anxiety among traders and investors.

This move has reignited debate across the community, as many analysts consider this trader part of the so-called “smart money” cohort — entities known for anticipating market shifts with high precision. Wh

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