Bitcoin has seen a drastic 116% reduction in netflows from large holders in the last week, indicating a MAJOR sell-off. This substantial decrease has led to decreased market buying momentum, affecting overall market stability.
Bitcoin currently stands above a critical support level at 95,690 USD. A drop below this Threshold could trigger further declines, potentially reaching 85,721 USD. Conversely, renewed whale accumulation may push prices back toward 108,388 USD.