Whales dump 30,000 bitcoins; is the million-dollar dream still a mirage?

Bitcoin just broke through the $100,000 barrier, and before anyone could celebrate, whales suddenly 'crashed the party'—in just 72 hours, they frantically sold 30,000 BTC! This move instantly ignited the market, and investors were in an uproar: 'Is this the end of days or a chance to jump on board?'

Meanwhile, the 'billionaire oracle' Arthur Hayes declared: In 2028, Bitcoin will surge to $1 million!

He believes that capital is fleeing from traditional assets like U.S. Treasury bonds and moving toward decentralized finance. If only 10% of global investment portfolios shift to Bitcoin, liquidity could be 'squeezed dry,' and prices may skyrocket exponentially.

But reality is not so gentle:

A large amount of Bitcoin is being liquidated from whale wallets, which is a typical case of profit-taking at high positions.

The sell-off comes from large holders with between 1,000 to 10,000 BTC.

Analysts say this may be a 'preemptive layout' for a short-term correction.

Current situation:

Bitcoin's price hovers around $103,000, having risen nearly 25% since April.

The support range is locked between $93,000 and $96,000, with over 2.2 million addresses building positions in this price range, and holders are generally in profit.

Technical indicators show that above $98,000 remains a strong support level; if it holds, the market is expected to continue its upward trend.

Institutional trends:

ETF funds continue to flow in, and traditional financial capital is increasingly pouring into the digital asset market.

Reports indicate a typical 'quarterly bullish structure' in both spot and derivatives markets.

In summary:

Bitcoin is brewing a major event; is it a lure before a crash, or the prologue to the million-dollar prophecy? Retail investors are left in a mix of emotions, while the whales have already placed their bets. Which side are you on?