Bitcoin saw a mild selloff on the Fourth of July as on-chain data revealed rare movements from long-dormant whale wallets and a notable shift in whale accumulation trends. The flagship cryptocurrency briefly touched $110,000 before retreating to around $107,600 by midday. The intraday decline—around 2%—comes amid unusually high on-chain activity from early Bitcoin holders and weakening whale metrics. Whale Accumulation Trend Turns Negative On-chain metrics from CryptoQuant reveal a deeper structural shift
source: https://beincrypto.com/bitcoin-price-drop-fourth-of-july-whale-activity/