• Investors are still absorbing the impact of elections, Binance-related developments and tighter monetary policy, but Hougan sees a major buying opportunity ahead.

• According to CryptoQuant, large Bitcoin holders accumulated around 47,000 BTC, while mid-sized wallets sold around 50,500 BTC.

• Bitcoin’s 30-day apparent demand dropped to -284,000 BTC, its lowest reading since April 2025.

Matt Hougan, Bitwise Chief Investment Officer, said late on Saturday that as Bitcoin (BTC) selling deepened, the crypto market could drift for a while.

Bitcoin fell below $66,000 on Saturday afternoon, the first time it has fallen below that level since August. In a post on X, Hougan stated that the market…