GM.

Alts down 30-50% from May highs.

$BTC at 109k despite sustained bid from institutional treasuries = likely distribution zone.

⮕ 80,009 BTC (~$8.7B) Satoshi-era coins reactivated — hidden supply surfacing

⮕ $100k = critical support → break = $92-93k next

⮕ Loss of $92k opens $60-70k range; alts could see -50% to -80% capitulation

Macro trigger?

Taiwan risk → semiconductor shock → global risk-off → crypto spillover.

#BTCWhaleMovement #TrumpTariffs #BTC #bitcoin #Market_Update