Bitcoin Selling Pressure Increases Amid Whale's ETH Long Position Expansion

Bitcoin is experiencing increased selling pressure, according to NS3.AI. Meanwhile, a significant whale has expanded their Ethereum long position to 120,000 ETH. In other developments, Iran has introduced Hormuz Safe, a maritime insurance platform based on Bitcoin settlements. Additionally, Grafana has reported a security incident involving its GitHub repository. Fresh comments have also emerged regarding the timeline for the CLARITY Act.