After the sale of 80,000 BTC, Bitcoin remains strong, breaking 125,000 may open up new highs.

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[Bitu] An analysis article regarding the sale of 80,000 BTC by ancient Whales over the weekend pointed out that although the seller's volume reached $9.6 billion, the market effectively absorbed the selling pressure, causing the price to fall to $115,000, and then briefly stabilize at $119,000, slightly below the historical high.

Analysis indicates that even after this large-scale distribution event, the unrealized profit held by market participants remains substantial. Currently, the paper gains held exceed $1.4 trillion, and 97% of the circulating supply is still profitable.

According to multiple on-chain valuation models, the price of Bitcoin is currently fluctuating between $105,000 and $125,000. A decisive breakthrough of this range could potentially trigger a rise to $141,000. Given the high unrealized profits expected at this price level, selling pressure may further increase in this area.

BTC-0.84%
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PanicSeller69vip
· 08-01 08:13
Playing people for suckers one step earlier is still a step! The pigs are here.
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FOMOmonstervip
· 07-30 06:39
The blockchain bull run trend is currently in extreme greed.
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SandwichTradervip
· 07-30 06:16
Whales have smashed me, so what am I afraid of?
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FadCatchervip
· 07-30 06:16
Whoever panics is a sb, break through it!
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ForkLibertarianvip
· 07-30 06:12
Don't panic, this is just the beginning, hic.
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DegenGamblervip
· 07-30 06:09
Just kidding, the Whale can still surge after dumping. I'll also make a long position.
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GateUser-5854de8bvip
· 07-30 06:05
140,000 the next target looks stable
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CryptoSurvivorvip
· 07-30 05:51
There are reasons why suckers cannot be played for suckers.
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