Bitcoin Cash experienced a significant decline, falling 12.55% to trade at $363.75 at press time, according to reports from AMBCrypto. The cryptocurrency became one of the market's top daily losers during this period. Trading activity increased substantially, with volume jumping 92% to $435 million, indicating heightened market participation during the sell-off. However, the rising volume during a decline typically reflects stronger distribution rather than renewed confidence among traders.
Major Bitcoin Cash holders significantly reduced their exposure over the past 24 hours, as reported by AMBCrypto. The Top 100 Addresses cut their holdings by 61.92%, demonstrating weaker confidence among large institutional and high-net-worth investors. Additionally, $985K worth of BCH flowed into exchanges over the past 24 hours, according to CoinGlass data, which often indicates holders may be preparing to sell. This exchange inflow pattern aligned with the broader bearish sentiment among whale and investor activity, with investors and long-term holders following the same trend of reducing exposure.
Bitcoin Cash lost the critical $380 support level following its decline, a zone that the asset had maintained since May 2025, as reported by AMBCrypto. The breakdown strengthened the bearish setup for Bitcoin Cash, with sellers gaining control after the latest price action. If BCH remains below $380, the price could fall another 15% toward the $305 level. However, one technical indicator suggests the downside may not be fully confirmed yet, as the Average Directional Index stood at 18.64, below the key 25 threshold, indicating weak directional strength. This decline has strengthened the negative setup for Bitcoin Cash, with BCH currently under pressure to stay below $380.
The BCH Long/Short Ratio fell to 0.7886, showing that short positions were dominating the market, according to AMBCrypto reports. This bearish positioning among intraday traders reflects the current market sentiment. The technical analysis suggests that BCH's next move will depend on whether whales continue selling or buyers defend the lower support near $305. The intraday market structure shows sellers in control after the most recent breakdown, with the price structure already vulnerable before this shift increased the pressure. The breakdown below $380 has created a fragile price structure that requires careful monitoring of whale and institutional activity.
