Whales are selling Bitcoin. Average holdings for entities with 100–10K BTC just dropped to 488 BTC, the lowest since 2018. Once whales finish taking profits, the melt-up can resume.

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Bitcoin must hit $104K to repeat past bull market dips: Research

$BTC One day up, the other way down. That has been the price action the past 1-2 weeks as traders have been getting chopped up. Same story on $ETH. Especially this $112K price seems to act as a magnet lately. Just waiting out until we get a convincing move either way instead of

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