Bitcoin Holders Just Cashed Out 110,000 BTC in Profits: Is a Bigger Price Drop Coming?
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On-chain data show holders recently realized roughly 110,000 BTC in profits. That volume of profit-taking represents substantial potential selling pressure and raises the risk of a larger near-term price pullback. The ultimate impact will hinge on whether buyer demand can absorb the supply or whether more coins flow to exchanges and get sold.
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