Bitcoin Price Faces Oil Pressure as Whale Transfers Top $770M

TLDR: Bitcoin price faces macro pressure as Brent holds above $100, with Darkfost warning that expensive energy could constrain fresh liquidity. CryptoQuant analysis links sustained oil strength above its annual average with slower Bitcoin momentum, without establishing direct causation. Lookonchain reported that 40 newly created wallets withdrew 9,458 BTC, valued at approximately $771.5 million, through Wintermute since October 1. Large wallet withdrawals suggest potential accumulation, although the transfers do not confirm fresh purchases or identify the ultimate owners. Bitcoin price faces a tougher economic backdrop as Brent crude trades above $100, raising concerns about inflation and market liquidity.