The #Bitcoin is flirting with the $110,000 mark, new data shows that whale supply has fallen to its lowest point since 2019, indicating a wave of profit-taking that could threaten the momentum of the current rally.

Addresses holding between 1,000 and 10,000 BTC, or whales, sold over 40,000 BTC just last week, worth over $4.3 billion. This strong liquidation comes as the price of Bitcoin soared 7% in 24 hours, reaching $108,145.