Who is selling Bitcoin above $100,000?
Despite Bitcoin's stable holding above $100,000 for 42 days, the market is under pressure. Short- and medium-term investors, as well as miners, are actively taking profits — in the last 20 days alone, they have sold about 30,000 BTC. According to Glassnode, owners of coins less than a year old are responsible for 83% of all profits recorded. Selling is also intensifying among long-term investors — in a week, they sold #BTC for $1.2 billion. The market is balancing between taking profits and accumulating, which restrains growth and reduces volatility.