What's up, my lovely people! Here your buddy Noticia, bringing you the hot gossip on Bitcoin that has us all wide-eyed. 👀 It turns out Bitcoin is in a kind of stretch and contract around $106,437, struggling to break past the $110,000 mark. It has pulled back 1.1% in the last 24 hours and almost 4.8% from its historical high in May! A serious situation! 📉

But here comes the interesting part, folks. Everyone's eyes are on the Bitcoin whales (those big investors with fortunes) and the long-term holders (those who won't let go of their coins no matter what). Why? Because they are making moves that have us all wondering if this is going to rise like foam or go down the drain! 🌊

The whales are making their moves! 🐋💸

Look at this, it's crazy! Some data from CryptoQuant tells us that on June 16, over $2.6 billion in profits were withdrawn just from Binance (which is like the biggest nightclub in crypto)! Can you imagine that amount of cash! 🤯 This is the second largest profit jump seen on the platform.

After that move, the price of Bitcoin felt it, of course! There was a selling pressure like you wouldn't believe, which means that when the big fish take their profits, the market feels it! In total, that day they pocketed $4.5 billion across all platforms, and Binance took almost 58% of that pie. That exchange really stirs the hornet's nest! 🐝

Analyst Crazzyblockk from CryptoQuant told us that Binance is like the thermometer of the market; what the whales do there is an indication of what could happen in general. If they move, it might mean a big change in the trend is coming or that they are accumulating for the next 'boom'.

Sale or rotation? That is the question! 🤔🔄

But wait, there's another perspective. Another analyst from CryptoQuant, Yonsei Dent, gave us a different outlook. He saw that, although Bitcoin has been kind of stuck between $100,000 and $110,000 since May, long-term holders have been selling their coins. Yes, those who hold for more than six months!

But be careful, Dent says this sale is not a sign of weakness. On the contrary! According to him, even though long-term holders are selling, the price hasn't fallen. And what does that mean? That there is new demand entering the market! It's like some are leaving the party, but more people arrive eager to dance. 🎉

For Dent, this is a 'constructive rotation', meaning the coins are passing from old hands to new hands. This is super common in the middle or at the end of a bull market! He also noticed that coins held for between one and three years are moving more, surely those who are taking the opportunity to cash in on the previous cycle!

So, my people, it seems we are in a silent redistribution of the Bitcoin pie. If demand remains strong, this could be the prelude to some epic rises! So stay alert, because Bitcoin always has a surprise in store for us. Don't get distracted! 😉