Bitcoin Back Under $111,000 As Key Holders Shed 17,500 BTC
NegativeCryptocurrency

Bitcoin has fallen back under $111,000 as key investors, including sharks and whales, have sold off a significant amount of BTC, totaling 17,500 coins. This trend of profit-taking among major holders, as highlighted by on-chain analytics firm Santiment, raises concerns about the asset's stability and future price movements. Understanding these shifts in investor behavior is crucial for anyone involved in the cryptocurrency market, as they can signal broader trends and potential volatility.
— Curated by the World Pulse Now AI Editorial System